Accessibility StatementSkip Navigation XIAMEN, China, Sept. 29, 2025 /PRNewswire/ -- POP Culture Group Co., Ltd. ("POP Culture" or the "Company") (Nasdaq: CPOP) today announced the closing of its previously announced registered direct offering of 5,000,000 Class A ordinary shares at a purchase price of $1.20 per share, for aggregate gross proceeds of approximately $6.0 million, before deducting placement agent fees and other offering expenses payable by the Company. Company intends to use the net proceeds f ...

Core Viewpoint - Pop Culture Group Co., Ltd. has entered into a securities purchase agreement for the sale of 5,000,000 Class A ordinary shares at a price of $1.20 per share, aiming to raise approximately $6.0 million for working capital and general corporate purposes [1]. Group 1: Offering Details - The offering is expected to close on or about September 29, 2025, pending customary closing conditions [1]. - FT Global Capital, Inc. is acting as the exclusive placement agent for this offering [2]. - The shares are being offered under an effective shelf registration statement previously filed with the SEC [2]. Group 2: Company Overview - Pop Culture Group Co., Ltd. is focused on the industrialization of Chinese Pop Culture, providing services such as live performances, artist management, intellectual property rights, and film and television production [4]. - The company has evolved from a focus on hip-hop culture to a diversified group specializing in various aspects of Chinese Pop Culture, with a comprehensive business ecosystem that includes both online and offline platforms [4].