ESGL Holdings Ltd. has announced a private placement of its ordinary shares, issuing a total of 1,875,000 shares to accredited investors at a price of $0.80 per share. The company received gross proceeds of $1.5 million from the sale, with 375,000 shares issued at the first closing on January 18, 2025, and an additional 1,500,000 shares issued in subsequent closings between April 23 and November 21, 2025. Approximately 20% of the net proceeds will be used for working capital, while 80% will be allocated to strategic mergers and acquisitions. The shares were sold pursuant to an exemption under Section 4(a)(2) of the U.S. Securities Act of 1933.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ESGL Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-024987), on November 25, 2025, and is solely responsible for the information contained therein.