Pop Culture (US:CPOP) Prnewswire·2025-09-29 20:15Core Viewpoint - Pop Culture Group Co., Ltd. has successfully closed a registered direct offering of 5,000,000 Class A ordinary shares at a price of $1.20 per share, raising approximately $6.0 million for working capital and general corporate purposes [1]. Group 1: Offering Details - The offering consisted of 5,000,000 Class A ordinary shares priced at $1.20 each, resulting in gross proceeds of about $6.0 million before fees and expenses [1]. - FT Global Capital, Inc. acted as the exclusive placement agent for this offering [2]. - The shares were offered under a shelf registration statement on Form F-3, which was filed with the SEC and declared effective on November 4, 2022 [3]. Group 2: Company Overview - Pop Culture Group Co., Ltd. is a cultural industry operation enterprise focused on the industrialization of Chinese Pop Culture, with its main operations in China [4]. - The company provides a variety of services, including live performances, artist management, intellectual property rights, film and television production, and entertainment marketing [4]. - Initially focused on hip-hop culture, the company has diversified into a broader range of Chinese Pop Culture services, encompassing both online and offline platforms [4].