other material
confidence high
sentiment neutral
materiality 0.50
HWH closes public offering of ~3.16M shares and 1.25M pre-funded warrants for ~$1.76M
HWH International Inc.
- Offering of 3,162,500 shares at $0.40/share and 1,250,000 pre-funded warrants at $0.3999/warrant.
- Gross proceeds of approximately $1.76 million before placement agent fees and expenses.
- D. Boral Capital acted as exclusive placement agent; fees 7.5% of gross plus 1% expense allowance.
- Pre-funded warrants exercisable immediately at $0.0001 per share; no expiration date specified.
- Offering conducted under S-1 registration statement effective Dec 19, 2024; closed Jan 6, 2025.