VS MEDIA Announces Closing of an Additional $1.1 Million Following its Recent Public Offering of Ordinary Shares, Bringing the Total Gross Proceeds to Approximately $9.2 Million

Core Viewpoint - VS Media Holdings Limited has successfully closed a public offering of 4,774,235 ordinary shares at a price of $0.229 per share, generating additional gross proceeds of$1,093,300, which supplements a previous offering announced on May 30, 2025 [1] Group 1: Offering Details - The total gross proceeds from the two closings of the offering amounted to $9,176,100, with net proceeds of$8,401,749 after deducting placement agent fees and other expenses of $774,351 [2] - The total number of issued ordinary shares has increased to 40,070,298, all priced at$0.229 per share [1] Group 2: Regulatory Information - The securities were offered under a registration statement on Form F-1, which was declared effective by the SEC on May 6, 2025, and the offering was made only by means of a prospectus [3] Group 3: Company Overview - VS Media Holdings Limited, founded in 2013, operates a network of over 1,500 digital creators and partners with more than 1,000 brands across Asia Pacific, focusing on content-driven social commerce and effective marketing services [5]