StockWatch
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Integrated Freight & Logistics
Corporate ActionJul 13, 2026, 04:07 PM

Singularity Future Technology Completes $2M Private Placement

AI Summary

Singularity Future Technology Ltd. completed a private placement on July 13, 2026, raising approximately $2,000,000. The company sold 5,263,158 units to certain non-U.S. investors, with each unit comprising one common share and three warrants. The warrants are exercisable at $0.418 per share and expire in five years.

Key Highlights

  • Completed private placement on July 13, 2026.
  • Raised approximately $2,000,000 in gross proceeds.
  • Sold 5,263,158 units to non-U.S. investors.
  • Each unit included one common share and three warrants.
  • Warrants are exercisable at $0.418 per share.
  • Issued a total of 15,789,474 warrants.
  • Units were priced at $0.38 each.