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NFT Ltd. Enters Securities Purchase Agreement with Institutional Investors
NFT Ltd. announced that it has entered into a securities purchase agreement with certain institutional investors for the purchase and sale of an aggregate of 1,000,000 units, with each unit consisting of one Class A ordinary share, par value of 4c per share, or one pre-funded warrant in lieu thereof, and one warrant, in a registered direct offering. The effective offering price for each unit is $1.00. The closing of the Offering is currently expected to take place on October 9, 2026, subject to the satisfaction of customary closing conditions set forth in the Securities Purchase Agreements dated October 8, 2026 by and between the Company and the purchasers signatory thereto, and related transaction documents. The Company intends to use the net proceeds from the Offering for the development, operation and expansion of its NFT artwork trading platform business and its AI robotics project, working capital and general corporate purpose. Maxim Group LLC is acting as the sole placement agent for the Offering. Hunter Taubman Fischer & Li LLC is acting as U.S. securities counsel to the Company, and Pryor Cashman LLP is acting as U.S. securities counsel to the placement agent, in connection with the Offering.
NFT Limited Enters Agreement to Issue 1.89M Units with Institutional Investors
NFT Limited announced that it has entered into a securities purchase agreement with certain institutional investors for the purchase and sale of an aggregate of 1.89M units, with each unit consists of one Class A ordinary share, or one pre-funded warrant in lieu thereof, and one warrant in a registered direct offering. The effective offering price for each unit is $1.35. The aggregate gross proceeds from the offering are expected to be approximately $2.55M, prior to deducting placement agent fees, legal fees, administrative and other offering-related expenses. The closing of the offering is currently expected to take place on October 7, subject to the satisfaction of customary closing conditions. The company intends to use the net proceeds from the offering for working capital requirements and other general corporate purposes. Maxim Group is acting as the sole placement agent for the offering.
NFT Limited Trading Halted, News Pending
NFT Limited trading halted, news pending
Marshall & Ilsley Corporation Trading Halted Due to Volatility Trading Pause
Marshall & Ilsley Corporation trading halted, volatility trading pause
Maxim Group Expected to Close Offering on August 24
The closing of the offering is currently expected to take place on August 24. Maxim Group is acting as the sole placement agent for the offering.
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