Mill City Ventures prices $5M public offering, uplists to Nasdaq, implements 1-for-2.25 reverse split

SUI Group Holdings Ltd.

Priced public offering of 1,250,000 shares at $4.00/share for $5M gross proceeds; underwriters have 45-day option for 187,500 additional shares.
Expected to commence trading on Nasdaq Capital Market; reverse stock split of 1-for-2.25 effective Aug 9, 2022.
Net proceeds for general corporate purposes, working capital, expanded sales/marketing, and additional short-term loans.
Offering expected to close Aug 11, 2022, subject to customary conditions.

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