Singularity Future Technology Ltd. completed two registered direct offerings raising approximately $6.8 million in gross proceeds. The first offering, closed August 19, 2026, sold 340,000 shares and pre-funded warrants for up to 260,000 additional shares at $3.00 per share for roughly $1.8 million. The second offering, closed August 21, 2026, sold 451,250 shares and pre-funded warrants for up to 1,111,250 additional shares at $3.20 per share for approximately $5.0 million. Proceeds will fund working capital and the company's planned data center business. Directors and officers entered into 90-day lock-up agreements. The company operates in the technology sector.
