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Magic Empire Global Limited Announces Closing of a US$3 Million Registered Direct Offering
Source: GlobeNewswire
Company Fundamentals
Magic Empire Global closed a registered direct offering of 2,678,572 units at $1.12 per unit, raising approximately $3.0 million in gross proceeds. The financing increases outstanding securities and may create dilution pressure for existing shareholders, though the announcement did not disclose the intended use of proceeds.
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