Intelligent Group Ltd. Successfully Completes Private Placement Financing, Raising Significant Capital for Expansion

Reuters
15 Jul
Intelligent Group Ltd. Successfully Completes Private Placement Financing, Raising Significant Capital for Expansion

Intelligent Group Limited, a financial public relations company based in Hong Kong and listed on Nasdaq under the ticker INTJ, has successfully closed its previously announced private placement financing. The company issued 15,000,000 Class A ordinary shares at a price of US$0.2615 per share, increasing the total outstanding shares to 28,125,000. This strategic financing move significantly bolsters the company's financial position, providing resources to advance its mission of offering innovative financial public relations solutions and expanding its market presence. The completion of this financing reflects investor confidence in the company's business model and growth prospects. Ms. Wai Lau, Director & Chairlady of the Board, expressed satisfaction with the milestone, highlighting its role in strengthening the company's financial foundation and strategic direction.

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