Univest Securities, LLC Announces Closing of $3 Million Registered Direct Offering for its Client Hitek Global Inc. (NASDAQ: HKIT)

Group 1 - Univest Securities, LLC announced the closing of a registered direct offering of approximately $3 million for Hitek Global Inc., a China-based IT consulting and solutions service provider [1][2] - Hitek Global Inc. sold 100,000,000 Class A ordinary shares at a purchase price of $0.03 per share, resulting in aggregate gross proceeds of $3 million [2] - The offering was made under a shelf registration statement previously filed and declared effective by the U.S. Securities and Exchange Commission [3] Group 2 - Hitek Global Inc. focuses on providing IT consulting and solutions to small and medium businesses as well as large enterprises in China, with services including Anti-Counterfeiting Tax Control System devices and software sales [6] - The company aims to develop its system integration services and online service platform, aspiring to become a one-stop consulting destination for IT and business consulting services in China [6] Group 3 - Univest Securities, LLC has raised over $1.7 billion in capital for issuers globally since 2019 and has completed approximately 100 transactions across various industries [5]