PS International Group Ltd. Announces $9.6 Million Private Placement

Reuters11-07
<a href="https://laohu8.com/S/PSIG">PS International</a> Group Ltd. Announces $9.6 Million Private Placement

PS International Group Ltd. has announced a private placement of up to 5,332,216 units, each consisting of one ordinary share or a pre-funded warrant, and one warrant to purchase up to two ordinary shares, at an offering price of $1.80 per unit. The company expects to raise approximately $9.6 million in gross proceeds before deducting placement agent fees and other expenses. Joseph Stone Capital, LLC is serving as the placement agent for the offering. The securities are being offered in a transaction exempt from registration under the U.S. Securities Act of 1933 and are not registered under U.S. securities laws. The company has agreed to file a registration statement for the resale of the securities within 20 days after the offering closes.

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