Hitek Global Inc. Ordinary Share is trading at $0.28 (11.3% down) in after-hours sessions, extending a steep multi-day decline following its recently announced $8 million registered direct offering.
- Investors remain focused on significant dilution risk and ongoing selling pressure, with the stock sliding sharply from its early-June spike.
- Traders continue to reassess the company’s post-offering valuation and future capital needs, overshadowing a firmer backdrop in the broader crypto market.