Masonglory closes $1,000,500 private placement of 667,000 Class A shares at $1.50 each
MSGY•Masonglory closed a private placement of 667,000 Class A shares at $1.50 each, raising gross proceeds of $1,000,500 before expenses. Investors also received immediately exercisable Series A and Series B warrants for 667,000 shares each, with exercise prices of $1.30 and $1.10, respectively, expiring two years from issuance.
1. Placement terms
Masonglory closed the private placement on Oct. 5, 2026, issuing 667,000 Class A ordinary shares at $1.50 each. Investors also received Series A warrants for 667,000 shares at $1.30 and Series B warrants for 667,000 shares at $1.10; both warrant series are exercisable immediately and expire two years from issuance. The securities were sold offshore without registration under the Securities Act and issued as restricted securities.
