Core Viewpoint - Intelligent Living Application Group Inc. has announced a public offering of 1,034,483 ordinary shares at a price of $0.58 per share, aiming to raise approximately $600,000 before expenses [1][2]. Group 1: Offering Details - The public offering is expected to close on February 27, 2025, pending customary closing conditions [1]. - Craft Capital Management LLC is acting as the sole placement agent for the offering [2]. - The net proceeds from the offering will be used for general corporate purposes, capital expenditures, working capital, and general and administrative expenses [2]. Group 2: Company Background - Intelligent Living Application Group Inc. is a premium lockset manufacturer based in Hong Kong, primarily serving customers in the United States and Canada [4]. - The company has been in operation for 40 years, focusing on diversifying and refining its product offerings, including high-quality mechanical locksets and smart locks [4]. - Intelligent Living holds the ISO9001 quality assurance certificate and various accredited quality and safety certificates, including ANSI Grade 2 and Grade 3 standards [4].