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HomesToLife Plans Private Placement to Raise Up to USD 7.02 Million

PUBT·11/13/2026 14:01:54
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HomesToLife Plans Private Placement to Raise Up to USD 7.02 Million
  • HomesToLife plans to raise up to USD 7.02 million through a placement of 7,800,000 new ordinary shares at USD 0.90 each.
  • The placement price represents a 16.8% discount to the November 10, 2026, volume-weighted average price of USD 1.0817.
  • Estimated net proceeds total USD 6.42 million, with 80% earmarked for business expansion and 20% for general working capital.
  • UOB Kay Hian will handle the non-underwritten placement on a best-efforts basis, earning a 3% commission on shares placed.
  • Completion is scheduled for November 16, 2026; the new shares would represent approximately 8% of enlarged issued share capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Homestolife Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-051555), on November 13, 2026, and is solely responsible for the information contained therein.