HONG KONG, Sept. 27, 2023 (GLOBE NEWSWIRE) -- In a previous release issued under the same headline by VS Media Holdings Limited (NASDAQ:VSME) ("VS Media," or the "Company"), there were inaccuracies regarding important dates. Please note that the Company's shares are expected to begin trading on the Nasdaq Capital Market on September 28, 2023 not September 27, 2023. In addition, the Offering is expected to close on October 2, 2023 not September 29, 2023. The corrected release follows:
VS Media Holdings Limited today announced the pricing of its initial public offering of 2,000,000 Class A ordinary shares at a price to the public of $5.00 per share for a total of $10,000,000 of gross proceeds to the Company (the "Offering"), before deducting underwriting discounts, commissions, and other Offering expenses.
The shares are expected to begin trading on The Nasdaq Capital Market on September 28, 2023, under the ticker symbol "VSME." The Offering is expected to close on October 2, 2023, subject to the satisfaction of customary closing conditions.
Univest Securities, LLC is acting as the underwriter for the Offering.
A registration statement on Form F-1, as amended (File No. 333-273914), relating to these securities was filed with the Securities and Exchange Commission ("SEC") and was declared effective on September 26, 2023. The Offering is being made only by means of a prospectus. A copy of the final prospectus relating to the Offering will be filed with ...