E.F. Hutton and Co. Serves as Exclusive Placement Agent on VCI Global's $5 Million Registered Direct Offering

Core Insights - E.F. Hutton acted as the exclusive placement agent for a $5 million registered direct offering by VCI Global Limited, a company focused on technology and digital infrastructure solutions [1][2][3] Group 1: Offering Details - The offering is structured in multiple tranches and is expected to generate gross proceeds of $5 million before fees and expenses [2] - The transaction was facilitated with Esousa Group Holdings, LLC, a family office based in New York [2] - The net proceeds from the offering will be used for working capital and general corporate purposes, including the development of technology and digital infrastructure platforms [4] Group 2: Company Background - E.F. Hutton & Co. is an investment bank and broker-dealer headquartered in Manhattan, providing advisory and financing solutions to a diverse range of clients [6] - The firm has a global footprint and offers comprehensive investment banking services, including capital markets, private placements, and M&A advisory [6] - E.F. Hutton's CEO emphasized the firm's commitment to supporting innovative, growth-oriented companies with tailored capital solutions [3]