HomesToLife plans private placement to raise up to USD 7.02 million
HTLM•HomesToLife plans to raise up to USD 7.02 million by placing 7.8 million new ordinary shares at USD 0.90 each, an 16.8% discount to the November 10 volume-weighted average price. Estimated net proceeds of USD 6.42 million are earmarked for business expansion and working capital.
1. Placement details
The non-underwritten placement will be handled by UOB Kay Hian on a best-efforts basis, with a 3% commission on shares placed. Completion is scheduled for November 16, 2026, and the new shares would represent approximately 8% of enlarged issued share capital.
