Group 1 - NFT Ltd. has entered into a securities purchase agreement with institutional investors for the purchase and sale of 720,779 units, each consisting of one Class A ordinary share and one warrant, at an effective offering price of $3.85 per unit [1][3] - The gross proceeds from the offering are approximately $2.8 million before deducting fees and expenses, with the offering expected to close on or about March 11, 2026 [3] - The warrants are initially exercisable at a price of $4.17 per share and may be exercised on a zero cash exercise basis, expiring five years from the date of issuance [2] Group 2 - The securities are being offered under a shelf registration statement on Form F-3, which was declared effective by the SEC on November 18, 2025 [4] - NFT Ltd. operates an online platform for trading digital artwork, allowing artists and dealers to access a larger market and generate revenue through listing fees, trading commissions, and management fees [6]
NFT Ltd. Announces Pricing of $2.8M Million Registered Direct Offering