---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-087831"
form_type: "8-K"
ticker: "SUIG"
cik: "0001425355"
company_name: "SUI Group Holdings Ltd."
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T01:55:54.113473+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-22-087831
- form_type: 8-K
- ticker: SUIG
- cik: 0001425355
- company_name: SUI Group Holdings Ltd.
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425355/000110465922087831/0001104659-22-087831-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425355/000110465922087831/tm2222988d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-087831
- JSON: https://secwatch.observer/filing/0001104659-22-087831.json
- Plain text: https://secwatch.observer/filing/0001104659-22-087831.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.