Oct. 21 at 6:41 PM
$CPOP Pop Culture Group Co. Ltd. (Nasdaq: CPOP) has announced the closing of a registered direct offering, raising approximately
$6 million in gross proceeds. The company issued 5,000,000 Class A ordinary shares at a price of
$1.20 per share. FT Global Capital, Inc. served as the exclusive placement agent for the offering. Pop Culture Group plans to use the net proceeds for working capital and general corporate purposes.
NFA