High-Trend International Group Announces $15M Direct Offering Of 2,307,700 Shares With Institutional Investors; Transaction Expected To Close May 14
High-Trend International Group HTCO | 0.00 |
High-Trend International announced that it has entered into securities purchase agreements with global institutional investors for the purchase and sale of 2,307,700 of the Company's Class A Ordinary Shares ("Ordinary Shares") at a purchase price of $6.50 per Ordinary Share in a registered direct offering. The gross proceeds from the offering are expected to be approximately $15 million, before deducting placement agent commissions and other offering expenses. The closing of the offering is expected to occur on or about May 14, 2026, subject to the satisfaction of customary closing conditions.
