QMMM Holdings Ltd. Announces $8 Million Public Offering of Ordinary Shares at $0.20 Each

Reuters
06-20
QMMM Holdings Ltd. Announces $8 Million Public Offering of Ordinary Shares at $0.20 Each

QMMM Holdings Ltd. has announced the pricing of an $8 million public offering of its ordinary shares. The digital media advertising and technology service provider, based in Hong Kong, plans to issue 40 million ordinary shares at a price of $0.20 per share. The gross proceeds from this offering are expected to reach $8 million, prior to the deduction of placement agent fees and other expenses. The offering is anticipated to close on June 23, 2025, pending customary conditions. Pacific Century Securities LLC and Revere Securities LLC are serving as co-placement agents for this offering. The offering is being conducted under a registration statement declared effective by the SEC, with a final prospectus to be filed.

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. Qmmm Holdings Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN14989) on June 20, 2025, and is solely responsible for the information contained therein.

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