Pop Culture Group Co. Ltd. Announces $6 Million Registered Direct Offering of 5 Million Shares at $1.20 Each

Reuters
2025.09.26 13:15
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Pop Culture Group Co. Ltd. has announced a registered direct offering of 5 million Class A ordinary shares at $1.20 each, aiming to raise approximately $6 million in gross proceeds. The funds will be used for working capital and general corporate purposes. FT Global Capital, Inc. is the exclusive placement agent for this offering, which is conducted under an effective shelf registration statement with the U.S. Securities and Exchange Commission.

Pop Culture Group Co. Ltd. (Nasdaq: CPOP) has announced a registered direct offering, entering into a securities purchase agreement with institutional investors for the sale of 5,000,000 Class A ordinary shares at $1.20 per share. The offering is expected to raise approximately $6.0 million in gross proceeds, before deducting expenses. The company plans to use the net proceeds for working capital and general corporate purposes. FT Global Capital, Inc. is acting as the exclusive placement agent for the offering. The shares are being offered under an effective shelf registration statement previously filed with the U.S. Securities and Exchange Commission. 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. Pop Culture Group Co. Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN84257) on September 26, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)