PS International Group Ltd. has announced the closing of a private placement, raising approximately US$9.6 million through the sale of 5,332,216 units at US$1.80 per unit. Each unit consists of one ordinary share and one warrant to purchase up to two additional ordinary shares. The securities were sold in an unregistered offering, exempt from U.S. registration requirements, with Joseph Stone Capital, LLC acting as placement agent. The company plans to use the net proceeds for general corporate purposes, including working capital and business expansion. PS International Group Ltd. has agreed to file a registration statement with the SEC to register the resale of the securities within twenty days after closing.
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. PS International Group 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: 0001213900-25-109560), on November 13, 2025, and is solely responsible for the information contained therein.