High-Trend International Group Raises $15 Million via Registered Direct Equity Offering

New updates have been reported about High-Trend International Group.

High-Trend International Group has priced a registered direct offering of 2,307,700 Class A ordinary shares to global institutional investors at $6.50 per share, targeting gross proceeds of about $15 million before fees and expenses. Closing is scheduled for on or about May 14, 2026, subject to standard closing conditions, with A.G.P./Alliance Global Partners acting as sole placement agent.

Management plans to deploy the net proceeds for working capital and general corporate purposes, providing additional balance-sheet flexibility as the company executes its global ocean transportation strategy. The securities are being issued off an effective Form F-3 shelf registration statement declared effective by the U.S. Securities and Exchange Commission on December 8, 2025, with the transaction documented through a prospectus supplement and base prospectus filed with the SEC.