Magic Empire Global prices US$ 5 million share sale at US$ 0.25 per share under Regulation S

Reuters2026/07/27 13:16

By:Reuters

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Magic Empire Global signed a securities purchase agreement dated July 20, 2026 for a Regulation S private placement of Class A ordinary shares.
Gross proceeds set at USD 5 million through the sale of 20,000,000 shares priced at USD 0.25 each.
The issue price equals 21.46% of the prior trading day’s closing price.
Closing set for a later date, subject to Nasdaq notifications, regulator processes, and any waiting periods.
Proceeds earmarked for working capital and general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magic Empire Global Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-034728), on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Magic Empire Global prices US$ 5 million share sale at US$ 0.25 per share under Regulation S

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