Financing ·
Singularity Future Technology amends warrants to $0.001 exercise price after raising $30M
SGLYSingularity Future Technology Ltd.
Singularity Future Technology Ltd. entered into an amendment to its June 2025 securities purchase agreement, agreeing to issue amended and restated warrants exercisable at $0.001 per share, down from the original $16.310 post-split price. The company issued 2,299,211 shares of common stock for approximately $30 million in gross proceeds under Regulation S on August 12, 2026. The issuance of the new warrants is contingent upon shareholder approval. Singularity Future Technology Ltd. operates in the technology sector.