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VCI Global raised $5 million by selling 2.78 million shares at $1.80 each in a direct offering.
VCI Global (NASDAQ: VCIG) priced a $5 million registered direct offering of 2.78 million ordinary shares at $1.80 each, raising gross proceeds before expenses.
The at-the-market offering, managed by Rodman & Renshaw LLC, is expected to close on October 31, 2025, pending standard conditions.
Proceeds will support working capital and general corporate purposes.
The offering uses a shelf registration statement filed with the SEC in May 2024.
The company, which provides consulting services in AI, encrypted data, digital treasury, and capital markets, cautioned that forward-looking statements involve risks including market conditions, competition, and economic factors.
VCI Global recaudó $ 5 millones mediante la venta de 2.78 millones de acciones a $ 1.80 cada una en una oferta directa.