High-Trend International completes $15 million share offering

High-Trend International Group (NASDAQ: HTCO) entered into securities purchase agreements with global institutional investors for a registered direct offering of 2,307,700 Class A ordinary shares at $6.50 per share, according to a company statement.

The ocean transportation company expects gross proceeds of approximately $15 million before deducting placement agent commissions and other offering expenses. The closing is expected to occur on or about May 14, 2026, subject to customary closing conditions.

The company plans to use net proceeds for working capital and general corporate purposes. A.G.P./Alliance Global Partners serves as the sole placement agent for the offering.

The shares are being offered under a registration statement on Form F-3 that was declared effective by the Securities and Exchange Commission on December 8, 2025. A prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC.

High-Trend International Group operates as a global ocean transportation company with core businesses in international shipping.

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