Megan Holdings closes US$7.5 million follow-on public offering
MGN•Megan Holdings raised approximately US$7.5 million in gross proceeds by selling 15 million Class A ordinary shares at US$0.50 each.
1. Offering proceeds
Megan Holdings closed its follow-on public offering, raising approximately US$7.5 million in gross proceeds before fees and expenses. The company said it will use the net proceeds to fund business ventures, acquisitions and general working capital.
