Eastern International is trading 13.59% lower at $0.60 after filing to offer up to 12.5 million ordinary shares, a proposal that raises dilution concerns.
- The offering is nearly as many shares as existing shares; a report identifies uSmart Capital as exclusive placement agent.
- No separate November 6 company announcement surfaced in the search.
- The supplied context describes broader markets as mixed to positive; trading volume was unavailable, and the decline is company-specific.