Marvion Inc. Enters $200,000 Stock Purchase Agreement to Strengthen Capital Base and Support Strategic Growth
Prnewswire·2026-01-19 13:18

Core Viewpoint - Marvion Inc. has entered into a stock purchase agreement with investor Ray Mak Pak Fai, raising $200,000 to support its operations and strategic initiatives [1][2]. Group 1: Stock Purchase Agreement - The investor will purchase $200,000 worth of Marvion's common stock at a price of $0.0268 per share, reflecting the average closing price over the 15 trading days preceding December 15, 2025 [1]. - The transaction is subject to customary closing conditions and regulatory requirements, with shares issued in compliance with U.S. securities laws regarding restricted securities [2]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated to support ongoing operations, expand warehousing capacity, and fund strategic logistics initiatives across the Company's subsidiaries [2]. - The funding is aimed at strengthening operational resources and enhancing market expansion efforts [2]. Group 3: Company Overview - Marvion Inc. provides logistics and warehousing services in the Hong Kong market, offering one-stop transport and storage solutions to business clients [3].