HWH International (HWH) Files for 5M Share and Warrant Offering

HWH International (NASDAQ: HWH) has filed the following:

We are offering, on a firm commitment basis, up to 5,000,000 shares of our common stock, par value $0.0001 per share (the “common stock”), at an assumed public offering price of $0.70 per share, based on the last reported sale price of our common stock on The Nasdaq Global Market LLC (“Nasdaq”), on September 27, 2024.

We are also offering pre-funded warrants (the “Pre-funded Warrants”) to purchase up to 5,000,000 shares of our common stock to those purchasers whose purchase of shares of common stock in this offering would result in the purchaser, together with its affiliates and certain related parties, beneficially owning more than 4.99% (or, at the election of the purchaser, 9.99%) of our outstanding common stock immediately following the consummation of this offering, in lieu of shares of common stock that would result in beneficial ownership in excess of 4.99% (or, at the election of the purchaser, 9.99%) of our outstanding common stock. Each Pre-funded Warrant is exercisable for one share of our common stock and has an exercise price of $0.00001 per share. For each Pre-funded Warrant that we sell, the number of shares of common stock we are offering will be reduced on a one-for-one basis.

Pursuant to this prospectus, we are also offering the shares of common stock issuable upon the exercise of the Pre-funded Warrants offered hereby.

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