StockWatch
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Finance: Consumer Services
Corporate ActionAug 11, 2026, 09:17 AM

Magic Empire Global Completes $5M Private Placement of Shares

AI Summary

Magic Empire Global Limited announced the completion of its previously disclosed private offering. The company issued and sold an aggregate of $5,000,000 in securities, consisting of 20,000,000 Class A ordinary shares at a purchase price of $0.25 per share. The Purchase Agreement was completed on July 20, 2026.

Key Highlights

  • Completed a private offering of securities.
  • Issued and sold an aggregate of $5,000,000 in securities.
  • The offering consisted of 20,000,000 Class A ordinary shares.
  • Shares were sold at a purchase price of $0.25 per share.
  • The Purchase Agreement was completed on July 20, 2026.