On August 25, 2026, Magic Empire Global Limited entered into a Securities Purchase Agreement to issue and sell 40,000,000 Class A ordinary shares in a private placement for an aggregate of $6,720,000. The purchase price was set at $0.168 per share, representing a 15% discount to the closing price on the preceding trading day. Proceeds are designated for working capital and general corporate purposes. Magic Empire Global Limited operates in the technology sector.
