Univest Securities, LLC Announces Closing of $4.2 Million Registered Direct Offering for its Client Boqii Holding Ltd. (NYSE: BQ)

New York, Nov. 4, 2025 (GLOBE NEWSWIRE) –Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering (the “Offering”) of approximately $4.2 million for its client Boqii Holding Limited (NYSE: BQ) (the “Company” or “Boqii”), a leading pet-focused platform in China.

Under the terms of the securities purchase agreement, the Company has agreed to sell to certain investors an aggregate of 1,500,000 of the Company’s Class A ordinary share, par value $0.16 per share (the “Shares”)(or pre-funded warrants in lieu thereof) at a purchase price of $2.80 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.16 per share

The registered direct offering was made pursuant to a shelf registration statement on Form F-3 (File No. 333-267919) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission (“SEC”) on November 23, 2022. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering were filed with the SEC and are available on the SEC’s website located at www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained by contacting Univest Securities, LLC at info@univest.us, or by calling +1 (212) 343-8888.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus, can be obtained at the SEC’s website at www.sec.gov.

Registered with FINRA since 1994, Univest Securities, LLC provides a wide variety of financial services to its institutional and retail clients globally, including brokerage and execution services, sales and trading, market making, investment banking and advisory, and wealth management. It strives to provide clients with value-added service and focuses on building long-term relationships with its clients. As a prominent name on Wall Street, Univest has successfully raised over $1.7 billion in capital for issuers across the globe since 2019 and has completed approximately 100 transactions spanning a wide array of investment banking services in various industries, including technology, life sciences, industrial, consumer goods, etc. For more information, please visit: www.univest.us.

Boqii Holding Limited (NYSE American: BQ) is a leading pet-focused platform in China. Boqii is the leading online destination for pet products and supplies in China with a broad selection of high-quality products including global leading brands, local emerging brands, and its own private label, Yoken, Mocare and D-cat, offered at competitive prices. Boqii’s online sales platforms, including Boqii Mall and its flagship stores on third-party e-commerce platforms, provide customers with convenient access to a wide selection of high-quality pet products and an engaging and personalized shopping experience. Its Boqii Community provides an informative and interactive content platform for users to share their knowledge and love for pets. For additional information about Boqii Holding, please visit www.ir.boqii.com.

“estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. Univest Securities LLC and the Company undertake no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

LOS ANGELES and CARLSBAD, Sept. 19, 2025 (GLOBE NEWSWIRE) — Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, and Qualigen Therapeutics, Inc. (NASDAQ:QLGN) (“QLGN”), jointly announced that they have entered into a securities purchase agreement (the “Agreement”) for a private investment in public equity (PIPE) in QLGN’s common stock and preferred stock, and will start a in Crypto and web3-related business.

The PIPE financing is being led by Faraday Future and its Founder and Global Co-CEO YT Jia, together with other investors including SIGN Foundation, a blockchain technology company backed by Binance Labs, Sequoia Capital (US, India, China), IDG, and Circle, building software infrastructure for governments and the next generation of capital markets, with a peak token valuation of $1.35 billion. The total financing is for approximately $41 million. Jerry Wang, the President of FF, also participated in this financing.

Under the terms of the Agreement, Faraday Future has agreed, subject to the closing conditions, to invest approximately $30 million in QLGN at an effective price of $2.246 per share, representing beneficial ownership of approximately 55% of QLGN’s outstanding common shares. In addition, YT Jia intends to personally invest approximately $4 million, representing ownership of about 7% of QLGN’s common stock. As a cornerstone investor, YT Jia has also agreed to a two-year lock-up on his personal investment.

At the closing of this transaction, YT Jia will serve as a Chief Advisor of QLGN, Jerry Wang will be appointed as Co-CEO of QLGN, and FF CFO Koti Meka will be appointed as CFO. FF will also have the right to nominate two of the five independent directors. If the proposal is approved at the stockholders’ meeting, FF’s nomination rights could increase to four of the seven seats. FF will also have participation rights as to QLGN’s future financing.

Following completion of the PIPE and the stockholder approval, Faraday Future and its Founder and Global Co-CEO YT Jia, are expected to beneficially own over 62% of QLGN’s outstanding common stock, based on shares outstanding as of the pricing date, giving pro forma effect to the transaction.

This structure will allow FFAI to concentrate on advancing its EV strategy while QLGN can focus on driving growth in crypto and Web3, creating strategic synergies, unlocking new financing channels, and maximizing stockholder value without additional dilution to FFAI stockholders for the crypto-related business.

“This strategic investment represents an important milestone in our evolution,” said YT Jia, Founder and Global Co-CEO of Faraday Future. “I believe that FFAI will truly become a company powered by Dual Flywheel synergy and Dual Bridge empowerment—connecting EAI with crypto, and bridging Web2 with Web3.”

“This is a very exciting day for all stakeholders of Qualigen Therapeutics.” Said Kevin Richardson, CEO of Qualigen Therapeutics stated. “The company will be embracing the new economy and technology which will reshape the future. The board unanimously voted to move forward with this transformative transaction and stand behind the value FF brings to our company.”

Univest Securities, LLC served as sole placement agent in this transaction. FF is represented by Pryor Cashman and QLGN is represented by Lucosky Brookman. QLGN also retained a capital market advisor in connection with this transaction and future capital-market-related activities.

Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company’s mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future’s flagship model, the FF91, exemplifies its vision for luxury, innovation, and performance. The new FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. For more information, please visit https://www.ff.com/us/.

By registering for this event, attendants agree to provide certain personal information, which will be used to manage their participation in the event and communicate important updates. Faraday Future values your privacy and will handle provided personal information in accordance with its privacy policy. To learn more about how FF collects, uses, and protects personal data, please review FF’s full privacy policy at FF.com/us/privacy-policy/.

Qualigen Therapeutics, Inc. (Nasdaq: QLGN), a clinical-stage therapeutics company focused on developing treatments for adult and pediatric cancers with potential for Orphan Drug Designation. For more information about Qualigen Therapeutics, Inc., please visit www.qlgntx.com.

This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the intentions for its crypto assets and subsidiaries and their potential benefits, the Company’s investments in crypto currency, and the Dual-flywheel, Dual-bridge Eco Strategy are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important factors, among others, that may affect actual results or outcomes include, among others: the Company’s ability to consummate the Spin-Off in a timely manner, if at all; the separate listed entity’s ability to raise future capital on attractive terms, if at all; the Company’s ability to control the management and operations of the separate listed entity; the Company’s ability to successfully execute on a new crypto-based strategy; the Company’s ability to raise funds to support a new crypto-based strategy; the inherent volatility and regulatory uncertainty associated with cryptocurrency investments; current and potential litigation involving the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; general economic and market conditions impacting demand for the Company’s products; circumstances outside of the Company’s control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; and the Company’s ability to develop and protect its technologies; the Company’s ability to protect against cybersecurity risks. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on March 31, 2025, and other documents filed by the Company from time to time with the SEC.

New York, Jul. 2, 2025 (GLOBE NEWSWIRE) — Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, is pleased to congratulate its client, Houston American Energy Corp. (“HUSA”) (NYSE American: HUSA), on its recent acquisition of Abundia Global Impact Group, LLC (“AGIG”). The acquisition is positioned to create a leading company focused on converting waste plastics into high-value, drop-in low-carbon fuels and chemical products.

Following the acquisition, AGIG will become a wholly–owned subsidiary of HUSA. The combined company will be led by Abundia’s founder, Ed Gillespie, who will serve as Chief Executive Officer and will join the Board of Directors. The acquisition combines HUSA’s public market platform with Abundia’s proprietary pyrolysis technology, positioning HUSA to serve the growing global demand for sustainable fuels, Sustainable Aviation Fuel (SAF), and recycled chemical feedstocks.

Univest has maintained a longstanding strategic partnership with HUSA, supporting HUSA’s growth along its corporate journey. Since 2021, Univest has acted as the sole placement agent for HUSA in multiple capital markets transactions. Through registered direct offerings, private placements, and at-the-market offerings, Univest has successfully assisted HUSA in raising approximately $17 million. These efforts have provided essential capital to support HUSA’s operational needs and strategic initiatives. This close collaboration reflects a strong alignment of vision and mutual commitment to long-term value creation, and paves the way for supporting HUSA continuously as it enters this exciting new chapter following its recent acquisition.

Registered with FINRA since 1994, Univest Securities, LLC provides a wide variety of financial services to its institutional and retail clients globally including brokerage and execution services, sales and trading, market making, investment banking and advisory, and wealth management. It strives to provide clients with value-add service and focuses on building long-term relationships with its clients. As a prominent name on Wall Street, Univest has successfully raised over $1.3 billion in capital for issuers across the globe since 2019 and has completed approximately 100 transactions spanning a wide array of investment banking services in various industries, including technology, life sciences, industrial, consumer goods, etc. For more information, please visit: https://www.univest.us/.

Houston American Energy Corp. is a renewable energy company focused on converting waste materials into valuable low-carbon fuels and chemicals. Through its proprietary pyrolysis technology, the company addresses the global plastic waste crisis while supplying high-demand products like sustainable aviation fuel and recycled feedstocks to the energy and chemical industries. For more information, please visit: http://www.houstonamerican.com/.

Univest Securities, LLC
Edric Guo
Chief Executive Officer
75 Rockefeller Plaza, Suite 18C
New York, NY 10019
Phone: (212) 343-8888
Email: info@univest.us

New York, New York, May 19, 2025 (GLOBE NEWSWIRE) — Univest Securities, LLC (“Univest”), a premier boutique full-service investment bank and securities broker-dealer firm based in New York, is pleased to announce that it has received official approval for its Nasdaq Limited Underwriting Membership. This significant milestone positions Univest to continue to actively participate as a lead underwriter for IPOs in the Nasdaq Stock Market, strengthening its capabilities to serve clients with highly efficient and innovative capital markets solutions.

This approval underscores Univest’s commitment to excellence and compliance as well as its dedication to providing superior services to its clients. As a Nasdaq-approved member, Univest is now poised to play a substantial role in supporting innovative companies and facilitating their growth through successful IPOs and follow-on offerings.

Edric Guo, the CEO of Univest Securities, LLC, states, “Receiving membership in Nasdaq is a testament to the hard work and expertise of our team. It marks an exciting chapter for us, allowing us to better serve our clients and partners as they navigate the dynamic capital markets.”

Univest remains committed to maintaining the highest standards of integrity, transparency, and client service as it continues to expand its presence in the capital markets.

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When Univest uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from Univest’s expectations discussed in the forward-looking statements. Additional factors are discussed in Univest’s filings with the SEC, which are available for review at www.sec.gov. Univest Securities, LLC undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Univest Securities, LLC
Edric Guo
Chief Executive Officer
75 Rockefeller Plaza, Suite 18C
New York, NY 10019
Phone: (212) 343-8888
Email: info@univest.us

New York, New York, April 07, 2025 (GLOBE NEWSWIRE) — Univest Securities, LLC (“Univest”), New York’s premier boutique investment bank, is proud to announce a strategic investment from Nestpoint Group (“Nestpoint”), a leading firm in government affairs, finance, and private equity based in Dallas and Washington, D.C. This powerhouse partnership positions Univest to rise as a global investment banking leader, harnessing unparalleled opportunities for economic expansion under the Trump administration’s bold vision for American prosperity.

Nestpoint, with its America First approach and deep roots in Washington, D.C., is a strategic ally at the intersection of international advocacy and financial innovation. Renowned for its ability to influence policy, navigate regulatory complexities, and drive transformative growth, Nestpoint pairs its expertise with Univest’s 31-year legacy of excellence in investment banking—spanning mergers and acquisitions, capital markets advisory, and private/public capital raises. Together, they form a dynamic force ready to tackle the challenges of global trade and regulatory uncertainty.

Henry Huang, Managing Director of Nestpoint, celebrated the alliance: “Univest Securities is a standout in the boutique investment banking world—a proven leader with exceptional talent and vision. We’re thrilled to supercharge their trajectory with our unique blend of government affairs mastery, global relationships and financial firepower. From D.C. to New York, this partnership will redefine what’s possible, positioning Univest as the next major investment bank and delivering on President Trump’s promise of rapid economic growth like never before.”

Stuart Jolly, Nestpoint’s Director of Government Affairs & Global Strategies and former National Field Director for President Trump’s campaign, emphasized the partnership’s alignment with national priorities: “Having worked closely with President Trump to secure his vision for America, I see this alliance as a game-changer. Nestpoint’s government expertise and Univest’s financial prowess create the perfect engine to drive President Trump’s economic agenda forward—unlocking opportunities for businesses to thrive in this golden age of American leadership.”

Edric Guo, Chief Executive Officer of Univest, echoed the excitement: “Partnering with Nestpoint is a transformative step for Univest. Their unparalleled government relations capabilities and strategic insight open doors for our clients like never before. Together, we’re not just expanding our reach—we’re building a platform to lead the charge in global trade and economic innovation, perfectly timed with the administration’s bold direction.”

This alliance delivers unmatched value: Nestpoint’s extensive network of clients will tap into Univest’s elite financial services, while Univest’s current and future clients gain access to Nestpoint’s D.C.-honed expertise in overcoming regulatory hurdles and trade complexities. With a significant presence in the nation’s capital, Nestpoint is uniquely equipped to influence policy and public perception, ensuring clients thrive in the U.S. market and beyond. In what many are calling the “golden age,” this partnership arrives at the perfect moment to accelerate economic expansion and fulfill the Trump administration’s ambitious goals.

Univest Securities, headquartered in New York with a robust reach across North America and Asia Pacific, joins forces with Nestpoint’s global operations to create a seamless bridge between financial strategy and government advocacy. This collaboration marks Univest’s ascent as a dominant player in New York’s financial landscape, with a shared mission to solve global trade challenges and drive lasting economic impact.

Founded in 1994, Univest Securities is a boutique full-service investment bank headquartered in New York. With a strong presence in North America and Asia Pacific, Univest provides comprehensive financial services, including investment banking, capital markets, and wealth management, to clients worldwide. For more information about Univest Securities, LLC, visit https://www.univest.us/.

Nestpoint Group, with a global footprint, and a formidable presence in Washington, D.C., is a leading government affairs, finance and private equity firm. As a strategic ally, Nestpoint transforms challenges into opportunities through its expertise in policy influence, global networks, and financial innovation, delivering customized solutions for sustained client success. Nestpoint advises multibillion-dollar companies in the manufacturing, energy, and technology sectors as well as foreign nations. For more information about Nestpoint, visit https://www.nestpointgroup.com/.

Univest Securities, LLC
Edric Guo
Chief Executive Officer
75 Rockefeller Plaza, Suite 18C
New York, NY 10019
Phone: (212) 343-8888
Email: info@univest.us

SYDNEY/HONG KONG (Reuters) -New rules laying out how Chinese companies can list outside mainland China will often mean getting a nod from several domestic government agencies, potentially making for a lengthy approval process, investment bankers say.

On one hand, the rules provide clarity after a regulatory crackdown by Beijing since mid-2021 that has slowed U.S. listings by Chinese firms to a trickle.

But where once – before the crackdown – there was very little in the way of regulatory requirements, there are now more hoops for companies to jump through. Those hoops, combined with U.S.-Sino tensions over a multitude of issues from suspected spy balloons to trade friction, means a rush of Chinese firms seeking initial public offerings in New York is unlikely.

“It’s not exciting news because now you need to go through some additional, complicated procedures,” said Guo Yi, chief operating officer at Univest Securities, a boutique investment bank that helps Chinese firms list in New York.

The long-awaited finalised rules, which come into effect from March 31, stipulate that firms wanting to list in markets like the United States or Hong Kong will need to make a filing with the China Securities Regulatory Commission (CSRC) as well as gain approval from other relevant regulators.

“Previously, you only needed to worry about setting up an offshore structure for listing. Now, you need to report everything,” said Guo.

Under the new rules, a host of government authorities would become involved in approving applicants looking to raise capital via the popular VIE route, said Winston Ma, an adjunct professor at NYU Law School.

So-called variable interest entity (VIE) structures are common among overseas-listed Chinese technology companies such as Alibaba Group Holding Ltd and JD.com Inc as they enable companies to skirt Chinese restrictions on foreign investment in certain sectors.

Other agencies that could get involved in the VIE approval process include the National Development and Reform Commission, which supervises foreign ownership in Chinese companies, the Cyberspace Administration of China (CAC) and industry-specific regulators, said Ma.

The involvement of more regulators beyond the CSRC could also lead to more uncertainty around approval as some agencies could have different priorities such as national security or data protection, bankers said.

The CSRC did not immediately respond to a Reuters request for comment.

NEW YORK OR CHINA?

New York for decades had been a lucrative listing venue for Chinese companies attracted to its deep liquidity and the prestige of a share sale in the world’s largest economy.

That all but ground to a standstill after mid-2021 when ride-hailing company Didi Global pressed on with an IPO despite being urged by Chinese authorities to put the deal on hold, prompting a regulatory backlash and Didi to delist from the U.S. market.

Last year, U.S. listings of Chinese firms were worth less than $230 million, according to Refinitiv data, a massive drop from $12.9 billion in 2021.

Enacted in the wake of the Didi debacle, current rules also require companies with data of more than 1 million customers to undergo a review by the CAC before they can sell shares overseas.

Wilson Yu, a private equity investor in a startup working on software for intelligent driving, said the startup is now seeking a domestic listing instead of New York which had been under consideration earlier.

“I don’t think an overseas listing for the start-up would get the Chinese regulatory nod due to data security. China doesn’t want data-sensitive companies to list overseas,” he said.

Despite the prospect of more red tape, however, some advisers note that the guidelines are clear and are preferable to the regulatory uncertainty that has prevailed since mid-2021.

“Requiring approvals from more regulators is an extra burden companies will comply with as there is relatively clear guidance from the Chinese regulators in terms of the qualifications to be listed,” said Frank Bi, a partner at law firm Ashurst.

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