Primega Group Holdings Ltd. Announces $11.4 Million Private Placement with Sale of 25.3 Million Ordinary Shares
Primega Group Holdings Ltd., a company based in the Cayman Islands, has entered into securities purchase agreements with ten individuals for a private placement of shares. The company plans to issue a total of 25,333,000 ordinary shares at a price of $0.45 per share, raising approximately $11.40 million. The agreements have received board approval, and the company expects to receive the gross proceeds upon closing the transactions, which will occur on a mutually agreed date with the purchasers.
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. Primega Group 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: 0001641172-25-011578), on May 20, 2025, and is solely responsible for the information contained therein.
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