<img src="https://ml.globenewswire.com/Resource/Download/95d59530-44ca-4b55-88e9-cedd25bb8a27?size=2" nborder="0" align="left" hspace="5" vspace="5" title="original-C18B5644-FC79-4F22-9707-E0974B74E3D3.jpg" alt="Univest Securities, LLC"/>New York, July 01, 2026 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering (the “Offering”) of approximately $750,000 for its client EShallGo Inc. (NASDAQ: EHGO) (the “Company” or “Eshallgo”), a provider of integrated office and enterprise technology solutions, including AI-enabled tools. Under the terms of the securities purchase agreement, the Company has agreed to sell to certain institutional investors an aggregate of approximately $750,000 of the Company’s securities, including 750,000 Class A ordinary shares (the “Shares”) (or pre-funded warrants in lieu thereof), at an offering price of $1.00 per share in the Offering. The aggregate gross proceeds to the Company were $750,000. Univest Securities, LLC acted as the sole placement agent. The registered direct offering was made pursuant to a shelf registration statement on Form F-3 (File No. 333-291149) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on April 2, 2026. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering were filed with the SEC and are available on the SEC’s website located at <a href="https://www.globenewswire.com/Tracker?data=fhavzdaLTDxsFOWePSm36t3jSFI8QCBSJD0MAmCK74qPQoOYV1AAjB2URw7h0_ijZYmL670CY-ZnMCexSxyN7A==" rel="nofollow" target="_blank" title="www.sec.gov">www.sec.gov</a>. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, by contacting Univest Securities, LLC at <a href="https://www.globenewswire.com/Tracker?data=GKn7SGc-ZWmU4VO4Nj4CaOQRZf-4LvzoXb9ZcOmanaqhYOTZCqdOP1V_Xa_GFHuSNE-Dr6F_exMbbq0SVGKNYGicy9FlsQAVtEAbKCKirFsX-xfgJj9hAn2UyWGgQxQZwUBwe0xArlMgcBEAtEiohlU2FGn0aBFNRJshzi3Qn2OsDwLZTzaY5eNmvLPlcE9Q76EDDVrfTQmsdGpCVOZUTgzac5aFlmjBRWlMCdMavE0=" rel="nofollow" target="_blank" title="info@univest.us">info@univest.us</a>, or by calling +1 (212) 343-8888. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus, can be obtained at the SEC’s website at <a href="https://www.globenewswire.com/Tracker?data=fhavzdaLTDxsFOWePSm36lIsYxjMhZ9TTxK8nxfQ8nAg0JQ_qRlL3qIbLf0TwzUhOjb-Z4jMAaUL9qesj9-UlQ==" rel="nofollow" target="_blank" title="www.sec.gov">www.sec.gov</a>. About Univest Securities, LLC Registered with FINRA since 1994, Univest Securities, LLC provides a wide variety of financial services to its institutional and retail clients globally, including brokerage and execution services, sales and trading, market making, investment banking and advisory, and wealth management. It strives to provide clients with value-added service and focuses on building long-term relationships with its clients. As a prominent name on Wall Street, Univest has successfully raised over $1.8 billion in capital for issuers across the globe since 2019 and has completed approximately 100 transactions spanning a wide array of investment banking services in various industries, including technology, life sciences, industrial, consumer goods, etc. For more information, please visit: <a href="https://www.globenewswire.com/Tracker?data=snMkm3XzWAVuTcZ0yG0zGwyA7ls_0NId04YvRNeI9xMeccOFTaE6l0IvHSQSRKZsu3ZWSn4rRb0a9zU3rmNLJg==" rel="nofollow" target="_blank" title="www.univest.us">www.univest.us</a>. About EShallGo Inc. <a href="https://www.globenewswire.com/Tracker?data=e0ySjIe2CUgXX0eMavELUykqNtQjjXPgRGZLUoTE41ZC10jQsYtjhvwl6sHB8ojmwnX-rqMhj8Rt-owIxFMEAvlFARgNSBEBa-HdRaxD6Wk=" rel="nofollow" target="_blank" title="Eshallgo, Inc">Eshallgo, Inc</a>. (Nasdaq: <a href="https://www.globenewswire.com/Tracker?data=oJV3W3aKzva2nXbRUa9w-ZUOnNK7JZtgdUKiem8BJgICet-iIj4-wfAEBFIYIUOhUYkR2RBXTQs08M3lCvLb7lEtz5UCkG1ZD0YVZpgj_XihgMLSI89Rly-iqUlibkQj" rel="nofollow" target="_blank" title="EHGO">EHGO</a>) is a digital-first office solution provider based in Shanghai, China. The Company offers integrated hardware, printing, software, and support services to small and mid-sized businesses. In 2025, Eshallgo expanded into enterprise AI with a suite of intelligent applications designed to support document management, workflow automation, smart procurement processes, and secure collaboration. For more information and investor updates, visit <a href="https://www.globenewswire.com/Tracker?data=ZIQ9EDU2Qd-vwIzwMwqftDckyx7WXeUirjftQP9AdQfNpPQJ-4kgIeDE4VXQwcizmeyw3m6XdJR3Y67mr72FYdpKQcpw6Y09Rb3v3lzjBFo=" rel="nofollow" target="_blank" title="ir.eshallgo.com">ir.eshallgo.com</a> and follow the Company on social media: <a href="https://www.globenewswire.com/Tracker?data=Oep4931dwSPp54tnli-yTjlqCZVJ22vIUWlerBa198kTQ5PZ2aQhWH5sGjsN_Q78-A4fGNrlsD2YuP0UpEF1D_mZJ6x5XAoAd4-J1gKdy5Q=" rel="nofollow" target="_blank" title="LinkedIn">LinkedIn</a>, <a href="https://www.globenewswire.com/Tracker?data=PxQupXFcTSW2sPsfveFWtIHKneC5x-Vwy3RjECzEhJ9mtbo2NQpsTwz8G2fiEU2WSkGPHO4GTxHLlsGRDuWp0rIRhnJCHWUN7HB16NfXdao=" rel="nofollow" target="_blank" title="Facebook">Facebook</a>, and <a href="https://www.globenewswire.com/Tracker?data=UvfdSlO9CnnSwtp7r3PAqFxXHJMEM-zgJ0eMTEONObm_pndNsMvpSdNWvAYU23EZCj5MgtJ2mIwXnRJDfZs-0Q==" rel="nofollow" target="_blank" title="X">X</a>. Forward-Looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at <a href="https://www.globenewswire.com/Tracker?data=fhavzdaLTDxsFOWePSm36kNFVeQ6-Pzqwy4KZc8iF9VxbcSuEb9uzOp7bp5EjM0-7MMploq6OoPgnwhsBCqwAw==" rel="nofollow" target="_blank" title="">www.sec.gov</a>. Univest Securities LLC and the Company undertake no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For more information, please contact: Univest Securities, LLC Edric Guo Chief Executive Officer 75 Rockefeller Plaza, Suite 25A New York, NY 10019 Phone: (212) 343-8888 Email: <a href="https://www.globenewswire.com/Tracker?data=GKn7SGc-ZWmU4VO4Nj4CaK7rolO1LK26I1SFRFc66AYdvXbVYy2wrpL-_3ZgTjCYHQWsDrUQvIaSM5bxzppNH_gWOfpSFqSt6xHFyBZH-mg=" rel="nofollow" target="_blank" title="info@univest.us">info@univest.us</a> <img alt="" src='https://ml.globenewswire.com/media/OGI3ZDQ0OGQtZmNlNC00NjM2LTgzMzAtZGM2NjM0MTE2NTc2LTUwMDA2NDE0MS0yMDI2LTA3LTAxLWVu/tiny/Univest-Securities-LLC.png' referrerpolicy='no-referrer-when-downgrade' />

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Univest Securities, LLC Announces Closing of $750,000 Registered Direct Offering for its Client EShallGo Inc. (NASDAQ: EHGO)

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