Singularity Future Technology registered direct offerings

Singularity Future Technology Ltd., a global logistics integrated solution provider listed on Nasdaq, announced two registered direct offerings in August 2026. On August 18, the company entered into a securities purchase agreement with an institutional investor for 600,000 common shares at $3.00 per share, raising approximately $1.8 million. On August 20, it entered into securities purchase agreements with certain institutional investors for 1,562,500 common shares at $3.20 per share, raising approximately $5.0 million. The offerings are expected to close on August 19 and August 21, 2026, respectively. Meritz Securities, LLC acted as the sole placement agent for both offerings. The company plans to use the proceeds from the second offering for its planned data center business. The offerings were made pursuant to a shelf registration statement on Form S-3 filed with the United States — United States Securities and Exchange Commission.