News

HTFL’s Client EF Hutton, Division of Benchmark Investments, LLC Successfully Closed Acri Capital Acquisition Corporation’s Initial Public Offering

June 14, 2022

Acri Capital Acquisition Corporation, a Delaware company incorporated as a blank check company, announced today the closing of its initial public offering and the sale of 8,625,000 units, which included 1,125,000 units issued pursuant to the full exercise of the underwriters’ over-allotment option, at a purchase price of $10 per unit, for aggregate gross proceeds of approximately $86,250,000.

HTFL’s Client Univest Securities, LLC Successfully Closed Bit Origin Ltd’s Public Offering

June 07, 2022

Bit Origin Ltd (the “Company”), formerly known as China Xiangtai Food Co., Ltd. (NASDAQ: BTOG), an emerging growth company engaged in crypto mining business with diversified expansion strategies, on June 7, 2022, announced the closing of an underwritten public offering of 9,803,922 ordinary shares, at an offering price of $0.51 per ordinary share. The Company received gross proceeds of approximately $5 million, before underwriting discounts and estimated offering expenses.

HTFL’s Client Univest Securities, LLC Successfully Closed Zhong Yang Financial Group Limited’s Initial Public Offering of $25.0 Million

June 04, 2022

Zhong Yang Financial Group Limited (the “Company”), a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options products and other financial services, on June 3, 2022, announced the closing of its initial public offering of 5,000,000 ordinary shares at a public offering price of $5.00 per share for gross proceeds of $25.0 million before deducting the underwriters’ fees and other estimated offering expenses.

Yotta Acquisition Corporation Announces Closing of $100 Million Initial Public Offering

April 25, 2022

Yotta Acquisition Corporation (“YOTA”) announced the closing of its initial public offering of 10,000,000 units. The units were sold at a price of $10.00 per unit, resulting in total gross proceeds of $100,000,000, prior to deducting underwriting discounts and other offering expenses. Each unit consists of one share of common stock, one redeemable warrant to purchase one share of common stock at a price of $11.50 per share and one right to receive one-tenth (1/10) of one share of common stock upon the consummation of an initial business combination.

HTFL’s Client EF Hutton, division of Benchmark Investments, LLC Successfully Closed Guardforce AI Co., Ltd’s Registered Direct Offering of $10.0 Million

April 13, 2022

Guardforce AI Co., Ltd. (“the Company”), an integrated security solutions provider, on April 8, 2022, announced the closing of its registered direct offering of ordinary shares for gross proceeds of approximately $10.0 million before deducting the placement agent’s fees and other estimated offering expenses.

HTFL’s Client EF Hutton, division of Benchmark Investments, LLC Successfully Closed Guardforce AI Co., Ltd’s Private Placement of $10.3 Million

January 21, 2022

Guardforce AI Co., Ltd. (“the Company”), an integrated security solutions provider in Asia, on January 20, 2022, announced the closing of its private placement of ordinary shares and warrants for gross proceeds of approximately $10.3 million before deducting the placement agent’s fees and other estimated offering expenses.

HTFL’s Client Yoshitsu Co., Ltd Successfully Closed its Initial Public Offering

January 19, 2022

On January 13, 2022, Yoshitsu Co., Ltd (the “Company”), a retailer and wholesaler of Japanese beauty and health products, as well as other products in Japan, successfully closed its initial public offering (the “IPO”) of 6,250,000 American Depositary Shares (“ADSs”) at a price to the public of US$4.00 per ADS, which included 250,000 ADSs issued pursuant to the partial exercise of the underwriters’ over-allotment option. Each ADS represents one ordinary share of the Company. The Company received aggregate gross proceeds of US$25 million from the IPO, before deducting underwriting discounts and other related expenses.

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