Financing ·
Megan Holdings raises $7.5 million by selling 15 million shares at $0.50 each
MGNMegan Holdings Ltd.
Megan Holdings closed a follow-on public offering of 15,000,000 Class A ordinary shares at $0.50 per share on October 29, 2026, generating approximately $7.5 million in gross proceeds. Prime Number Capital acted as the exclusive placement agent. The company intends to use net proceeds for business ventures, acquisitions, and general working capital. Megan Holdings is a Malaysia-based company engaged in the development, construction, and maintenance of aquaculture farms.