15 million shares sold at 50 cents each. Megan Holdings plans to use proceeds for acquisitions and working capital.
Megan Holdings (Nasdaq: MGN) sold 15 million Class A shares at 50 cents each, raising funds for acquisitions and working capital. The offering was led by Prime Number Capital, with legal counsel from Ortoli Rosenstadt and Ye & Associates. The company is involved in aquaculture farm development and maintenance in Malaysia.


