D. Boral Capital Acted as Joint Bookrunner to Decent Holding Inc. (Nasdaq: DXST) in connection with its $5.0 Million Initial Public Offering

Decent Holding Inc.

Transaction Information

On Jan. 23, 2025, Decent Holding Inc. (Nasdaq: DXST) (the “Company”), an established wastewater treatment services provider in China, announced the closing of its initial public offering (the “Offering”) of 1,250,000 ordinary shares (the “Ordinary Shares”) at a public offering price of $4.00 per share for aggregate gross proceeds of $5 million, before deducting underwriting discounts and other offering expenses. The Ordinary Shares commenced trading on Nasdaq Capital Market on January 22, 2025, under the ticker symbol “DXST”. The Offering closed on January 23, 2025.

D. Boral Capital LLC acted as the joint bookrunner for the Offering.

About Decent Holding Inc.

Decent Holding Inc. specializes in the provision of wastewater treatment by cleansing the industrial wastewater, ecological river restoration and river ecosystem management by enhancing the water quality, as well as microbial products primarily used for pollutant removal and water quality enhancement, through the Company’s subsidiary, Shandong Dingxin Ecology Environmental Co., Ltd.

For more information, please visit: https://ir.dxshengtai.com.

About D. Boral Capital

D. Boral Capital LLC is an investment bank headquartered in New York which provides advisory and financing solutions to middle market and emerging growth companies. The Company has a proven track record of offering strategic guidance to clients across the globe in any sector, with access to capital from the USA, Asia, Europe, UAE, and Latin America.

D. Boral Capital is a leader on Wall Street, having aggregated over $23 billion in capital across approximately 300 transactions through various product types.

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Original D. Boral Capital announcement

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