Magic Empire Global prices private placement of 20,000,000 Class A shares at $0.25 each, raising $5 million

Reuters2026/08/11 13:18

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Magic Empire Global priced a USD 5 million private placement of 20,000,000 Class A ordinary shares at USD 0.25 each.
The unregistered sale closed on July 20, 2026 under a securities purchase agreement with certain purchasers.

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: 0001493152-26-037008), on August 11, 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 private placement of 20,000,000 Class A shares at $0.25 each, raising $5 million

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