Magic Empire Global Prices A Registered Direct Offering Of 2,678,572 Units At An Offering Price Of $1.12 Per Unit; Company Expects To Receive Aggregate Gross Proceeds Of $3M From The Offering
Magic Empire Global Limited (NASDAQ:MEGL) (the "Company") today announced the pricing of a registered direct offering (the "Offering") of 2,678,572 units (each a "Unit") at an offering price of
Magic Empire Global is selling new shares to raise about three million dollars. When a company does this, it can mean they need cash right now for their business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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