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Intelligent Living Application Group Inc. Announces First Half 2025 Unaudited Financial Results
Prnewswire· 2025-12-22 22:00
HONG KONG, Dec. 22, 2025 /PRNewswire/ -- Intelligent Living Application Group Inc. (Nasdaq: ILAG) (the "Company" or "Intelligent Living"), a premium lockset manufacturer and distributor headquartered in Hong Kong, today announced its unaudited financial results for the six months ended June 30, 2025. First Half 2025 Financial Highlights Mr. Bong Lau, Chairman and Chief Executive Officer of Intelligent Living, commented, "Facing heavy and non-directional U.S. tariff increase and slowdown in U.S. real estate ...
Intelligent Living Application Group Inc. Announces Pricing of $600,000 Public Offering of Ordinary Shares
Prnewswire· 2025-02-26 13:00
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].