WestPark Capital Completes $8 Million Public Offering for Everbright Digital

Deep News
Jul 29

A Los Angeles-based international investment bank announced on July 29 that it has finalized the closing of a public offering for Everbright Digital Holding Limited.

The company sold 4,293,000 ordinary shares at $1.88 per share through this issuance, raising total gross proceeds of approximately $8.07 million, before deducting underwriter commissions and other expenses. WestPark Capital acted as the sole placement agent for this offering.

Everbright Digital intends to use the net proceeds from this fundraising for working capital and general corporate purposes. The company is an integrated marketing services provider deeply involved in the metaverse and related technologies, offering clients one-stop digital marketing services. Its business scope includes metaverse scene construction, virtual reality and augmented reality design and creation, creative event planning and management, IP character creation, and social media marketing.

This offering was conducted on a best-efforts basis. The related registration statement was filed with the U.S. Securities and Exchange Commission on May 14, 2026, and became effective on July 23. The company is incorporated in the Cayman Islands, with all its operations conducted through its Hong Kong operating subsidiary, and it had approximately 6 employees as of June 30, 2025. The underwriter's commission is 6.5% of the total gross proceeds, with an additional obligation to reimburse legal fees not exceeding $75,000.

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