NEW YORK, Nov. 8, 2025 — HTCO (NASDAQ: HTCO) announced it has entered into a financing agreement for an investment of up to $20 million from an accredited investor, marking a significant step toward accelerating the company’s strategic focus on AI-driven operational efficiency and digital transformation initiatives.
Under the terms of the agreement, the financing will be executed in multiple tranches, beginning with an initial $3 million tranche, which has already been successfully funded. Importantly, the company emphasized that this financing structure does not include any warrants, reflecting HTCO’s disciplined capital structure strategy and commitment to shareholder alignment.
Ensuring market stability and transparency
As part of the agreement, the investor has agreed to a daily trading volume limit not exceeding 15 percent of total daily trading volume for any share transactions associated with this financing. This provision is intended to help maintain market stability and protect shareholder interests during the funding process.
The listing and trading of the newly issued shares tied to the initial $3 million tranche will depend on HTCO filing an F-1 registration statement with the U.S. Securities and Exchange Commission (SEC), which must become effective within 120 days.
Flexible capital strategy
HTCO stated that it has not yet determined whether it will draw on the full $20 million commitment. Future closings will be evaluated based on operational needs, capital planning, and market conditions, allowing the company to maintain flexibility while pursuing its AI and digital growth initiatives.
Advancing marine digital transformation
“This strategic financing reflects strong market confidence in HTCO’s long-term vision for marine digital transformation and the Company’s ability to continue to advance technological innovation and optimize capital efficiency—all to drive sustainable value creation for our shareholders,” said Chris Nixon Cox, Chairman of HTCO.
The funding underscores HTCO’s commitment to leveraging artificial intelligence, data analytics, and digital transformation to modernize operations and enhance performance in the marine technology sector.