Singularity Future raises $6.8M via two registered direct offerings

Singularity Future Technology Ltd.

First offering: 340,000 shares + 260,000 pre-funded warrants at $3.00/share, gross $1.8M, closed Aug 19.
Second offering: 451,250 shares + warrants for 1,111,250 shares at $3.20/share, gross $5.0M, closed Aug 21.
Proceeds for working capital and general corporate; second also for planned data center business.
Placement agent Univest Securities, 7% fee, expense reimbursements up to $30k (first) and $70k (second).
Directors/officers locked up 90 days; 30-day no-issuance restriction on company.

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