Singularity Future Technology Ltd. has entered into a securities purchase agreement with eighteen investors, agreeing to sell a total of 32,188,841 units. Each unit consists of one share of common stock and three warrants, at a price of $0.932 per unit, for an aggregate purchase price of approximately $30 million. This transaction is part of a private placement to certain "non-U.S. Persons" as defined in Regulation S of the Securities Act of 1933.
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