Magic Empire Global issues warrants in US$3 million registered direct offering
MEGL•Magic Empire Global closed a registered direct offering that raised about US$3 million gross, excluding proceeds from warrant exercises.
1. Offering details
Each unit included one warrant to buy Class A ordinary shares at US$1.12 per share, exercisable from issuance through the one-year anniversary. The warrants also include an alternative cashless exercise option for up to nine Class A ordinary shares.
