MingZhu Logistics(US:YGMZ) Globenewswire·2025-11-25 14:00Core Viewpoint - Mingzhu Logistics Holdings Limited has announced a definitive securities purchase agreement for the sale of 8,000,000 units at a price of $1.00 per unit, aiming to raise approximately $8 million in gross proceeds [1][2]. Group 1: Offering Details - The offering consists of one ordinary share or a pre-funded warrant and one common warrant per unit, with the ordinary share having a par value of $0.128 [1]. - Each warrant will have an exercise price of $1.00 per Class A Ordinary Share, will be immediately exercisable, and will expire six months after issuance [2]. - The transaction is expected to close on or about November 26, 2025, pending customary closing conditions [2]. Group 2: Placement Agent and Registration - Univest Securities, LLC is acting as the sole placement agent for this offering [3]. - The offering is made pursuant to a shelf registration statement on Form F-3, which was declared effective by the SEC on June 6, 2023 [4]. Group 3: Company Overview - Mingzhu Logistics Holdings Limited is a 4A-rated professional trucking service provider, offering tailored logistics solutions through a combination of self-owned and subcontracted fleets [6].