VS MEDIA Announces Closing of Approximately $8.1 Million Public Offering of Ordinary Shares

HONG KONG, May 30, 2025 (GLOBE NEWSWIRE) -- VS MEDIA Holdings Limited (Nasdaq: VSME), a leading digital media and social commerce company in the global Creator Economy, today announced the closing of its public offering of 35,296,063 ordinary shares at a public offering price of $0.229 per ordinary share. Gross proceeds were$8,082,800. Net proceeds, after deducting placement agent fees and other offering expenses of $730,619, were$7,352,181. Joseph Gunnar & Co., LLC acted as the sole placement agent in co ...