HWH International (HWH) said Monday it closed a $1.8 million public offering of shares and pre-funded warrants to purchase shares.
The company sold 3.1 million shares at $0.40 apiece and about 1.3 million pre-funded warrants to purchase an equal amount of shares at $0.3999 per pre-funded warrant.
The pre-funded warrants have an exercise price of $0.0001 per share, according to HWH.