Singularity Future Technology Ltd. Announces Sale of 32.2 Million Units via Private Placement for $30 Million

Reuters
06/23
Singularity Future Technology Ltd. Announces Sale of 32.2 Million Units via Private Placement for $30 Million

Singularity Future Technology Ltd. has entered into a securities purchase agreement with eighteen investors, agreeing to sell a total of 32,188,841 units. Each unit consists of one share of common stock and three warrants, at a price of $0.932 per unit, for an aggregate purchase price of approximately $30 million. This transaction is part of a private placement to certain "non-U.S. Persons" as defined in Regulation S of the 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. Singularity Future Technology 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: 0001213900-25-056393), on June 23, 2025, and is solely responsible for the information contained therein.

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