Articles from XCHG LIMITED

HAMBURG, Germany, Dec. 27, 2024 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”), (NASDAQXCH), a global leader in integrated EV charging solutions, today announced that its innovative GridLink system has received prestigious certifications in the United States, including UL 1973 and UL 9540A. These certifications represent the benchmarks for safety, efficiency, and grid compliance, reinforcing GridLink’s position in the energy storage market.

HAMBURG, Germany, Dec. 20, 2024 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”), (NASDAQXCH), a global leader in integrated EV charging solutions, acknowledges the recent unusual trading activity of its American Depositary Shares ("ADSs”).

HAMBURG, Germany, Dec. 13, 2024 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”), (NASDAQXCH), a global leader in integrated EV charging solutions, today announced its unaudited financial results for the three months ended June 30, 2024.

HAMBURG, Germany, Oct. 11, 2024 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”) (NASDAQXCH), a global leader in integrated EV charging solutions, today announced that the underwriter of the Company’s initial public offering (the “IPO”) has partially exercised its option (the “Over-Allotment Option”) to purchase an additional 128,888 American Depositary Shares (“ADSs”) of the Company at the initial public offering price of US$6.20 per ADS. Each ADS represents 40 Class A ordinary shares of the Company. Total gross proceeds to the Company from the offering, including funds received from the prior closing and exercise of this option are approximately $21.5 million, before deducting underwriting discounts, commissions, and other offering expenses payable by the Company.

HAMBURG, Germany, Sept. 10, 2024 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”) (NASDAQXCH), a global leader in integrated EV charging solutions, today announced the pricing of its initial public offering of 3,333,335 American Depositary Shares (“ADSs”), at US$6.2 per ADS, for a total offering size of approximately US$20.7 million, assuming the underwriter does not exercise its over-allotment option to purchase additional ADSs. Each ADS represents 40 Class A ordinary shares, par value $0.00001 per share, of the Company. The ADSs have been approved for listing and are expected to begin trading on the Nasdaq Global Market today under the ticker symbol “XCH.” The offering is expected to close on September 11, 2024, subject to customary closing conditions.