Zeta Network Group (NASDAQ: ZNB) Announces $15 Million Registered Direct Offering

Core Viewpoint - Zeta Network Group has announced a definitive agreement for a registered direct offering of 15 million Class A ordinary shares at a price of $1.00 per share, expected to raise approximately $15 million in gross proceeds [1][2]. Group 1: Offering Details - The offering involves the purchase and sale of 15,000,000 Class A ordinary shares or pre-funded warrants at a purchase price of $1.00 per share [1]. - The transaction is anticipated to close on or about October 9, 2025, pending customary closing conditions [2]. - The offering is conducted under a shelf registration statement previously filed and declared effective by the SEC [3]. Group 2: Company Background - Zeta Network Group, formerly known as Color Star Technology Co., Ltd., is an entertainment and education company providing online performances and music education services [5]. - The company's operations are managed through its subsidiaries, Color Metaverse Pte. Ltd. and CACM Group NY, Inc. [5].