# High-Trend International Group Announces Pricing of $15 Million Registered Direct Offering with Global Institutional Investors

- Link: https://www.thailand-business-news.com/pr-news/high-trend-international-group-announces-pricing-of-15-million-registered-direct-offering-with-global-institutional-investors
- Published: 2026-05-13T19:00:00+07:00
- Author: PR Newswire

NEW YORK, May 13, 2026 /PRNewswire/ — High-Trend International Group (NASDAQ: HTCO)("**
HTCO**" or the "**Company**"), a global ocean transportation company, today announced
that it has entered into securities purchase agreements with global institutional
investors for the purchase and sale of 2,307,700 of the Company’s Class A Ordinary
Shares  ("**Ordinary Shares**") at a purchase price of $6.50 per Ordinary Share 
in a registered direct offering. The gross proceeds from the offering are expected
to be approximately $15 million, before deducting placement agent commissions and
other offering expenses. The closing of the offering is expected to occur on or 
about May 14, 2026, subject to the satisfaction of customary closing conditions.

The Company intends to use the net proceeds from the offering for working capital
and general corporate purposes.

A.G.P./Alliance Global Partners is acting as the sole placement agent for the Offering.

The Ordinary Shares offered to the institutional investors described above are being
offered pursuant to a registration statement on Form F-3 (File No. 333-290080) which
was declared effective by the Securities and Exchange Commission (the "**SEC**")
on December 8, 2025. The offering is being made only by means of a prospectus supplement
and accompanying prospectus which are a part of the effective registration statement.
A prospectus supplement and the accompanying prospectus relating to the registered
direct offering will be filed with the SEC and will be available on the SEC’s website
at [www.sec.gov](https://www.sec.gov). Additionally, when available, electronic 
copies of the prospectus supplement and the accompanying prospectus may be obtained
from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, 
NY 10022, or by telephone at (212) 624-2060, or by email at [prospectus@allianceg.com](https://www.thailand-business-news.com/pr-news/prospectus@allianceg.com).

This press release shall not constitute an offer to sell or the solicitation of 
an offer to buy any of the securities described herein, nor shall there be any sale
of these securities in any state or other jurisdiction in which such offer, solicitation,
or sale would be unlawful prior to the registration or qualification under the securities
laws of any such state or other jurisdiction.

**About High-Trend International Group**

High-Trend International Group is a global ocean transportation company with core
businesses in international shipping.

**Forward-Looking Statements**

This press release contains forward-looking statements within the meaning of applicable
securities laws, including Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, made under the safe harbor provisions
of the U.S. Private Securities Litigation Reform Act of 1995. These statements can
be identified by words such as "believe," "expect," "anticipate," "future," "will,""
intend," "plan," "estimate" or similar expressions. Actual results may differ materially
from those indicated by these forward-looking statements due to various risks and
uncertainties, including but not limited to those detailed in the Company’s filings
with the U.S. Securities and Exchange Commission. All information in this press 
release is as of the date of this release, and the Company undertakes no obligation
to update any forward-looking statement, except as required by applicable law.

 

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**Read the original article :** [High-Trend International Group Announces Pricing of $15 Million Registered Direct Offering with Global Institutional Investors ](http://www.prnasia.com/story/archive/4958376_CN58376_0?rand=184833)