VS Media Holdings (VSME) Closes Additional $1.1M Offering

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VS MEDIA Announces Closing of an Additional $1.1 Million Following its Recent Public Offering of Ordinary Shares, Bringing the Total Gross Proceeds to Approximately $9.2 Million

June 6, 2025 1:45 PM EDT

Hong Kong, June 06, 2025 (GLOBE NEWSWIRE) -- VS MEDIA Holdings Limited (Nasdaq: VSME), a leading digital media and social commerce company in the global Creator Economy, today announced the subsequent closing of its public offering of 4,774,235 ordinary shares at a public offering price of $0.229 per ordinary share. This additional closing generated additional gross proceeds of $1,093,300, supplementing the recent public offering announced on May 30, 2025. As a result, the total number of issued ordinary shares has increased to 40,070,298, all at a public offering price of $0.229 per ordinary share.

Gross proceeds of the offering from two closings... More