Subsequent events |
3 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Subsequent Events [Abstract] | |
| Subsequent events | Note 18 — Subsequent events
On January 5, 2026, the Company incorporated a new wholly-owned subsidiary, Equicap Holdings Limited, in the British Virgin Islands.
The Company entered into a securities purchase agreement on December 26, 2025 with each of ten non-U.S. investors relating to the issuance and sale of an aggregate of shares of the Company’s common stock with no par value, at the market price of $ per share, for an aggregate purchase price of $3,930,000 (the “December 2025 Offering”). On January 6, 2026, the Company closed the December 2025 Offering.
On January 16, 2026, the Company entered into a securities purchase agreement with certain investors, pursuant to which the Company agreed to issue and sell, in a registered direct offering by the Company directly to the investors (the “January 2026 Offering”), an aggregate of shares of its common stock, no par value, at a purchase price per share of $. The January 2026 Offering closed on January 21, 2026 and the Company received gross proceeds of $732,600.
On January 20, 2026, the Company incorporated a new wholly-owned subsidiary, ApexVest Holdings Limited, in the British Virgin Islands.
On February 2, 2026, the Company entered into an equity investment agreement with Megabyte Solutions Limited (“Megabyte”), securing a 14.28% ownership interest in Megabyte, and for which the Company does not have the ability to exercise significant influence. The investment totaled $3 million. |