VS MEDIA Secures $1.1 Million More After Share Offering, Totaling $9.2 Million

June 8, 2025 by No Comments

Hong Kong, June 06, 2025 — VS MEDIA Holdings Limited (Nasdaq: VSME), a prominent digital media and social commerce entity within the global Creator Economy, has announced the completion of a subsequent public offering. The company issued 4,774,235 ordinary shares at a price of $0.229 each. This follow-on closing generated $1,093,300 in additional gross proceeds, building on the public offering announced on May 30, 2025. The total number of ordinary shares issued now stands at 40,070,298, all priced at $0.229 per share.

The combined gross proceeds from the two closings amounted to $9,176,100. After deducting placement agent fees and other offering expenses totaling $774,351, the net proceeds from the two closings were $8,401,749.

Joseph Gunnar & Co., LLC served as the exclusive placement agent for this additional closing.

The securities mentioned were offered through a registration statement on Form F-1, as amended (File No. 333-286658), which the Securities and Exchange Commission (the “SEC”) declared effective on May 6, 2025. The offering was conducted via a prospectus, which is part of the Registration Statement. A final prospectus related to the offering has been submitted to the SEC. Copies can be obtained from Joseph Gunnar & Co., LLC, Attn: Syndicate Department, 40 Wall Street, Suite 3004, New York, NY 10005, or by calling (212) 440-9600.

This press release is not an offer to sell or a solicitation to buy any securities mentioned, nor will any sale of these securities occur in any jurisdiction where such offer, solicitation, or sale would be unlawful before registration or qualification under the securities laws of that jurisdiction.

About VS Media:

VS Media Holdings Limited (NASDAQ:VSME) manages a network of leading digital creators across Asia Pacific that powers content-driven social commerce and offers local and effective marketing services to brands. Founded in 2013, VSME partners with over 1,500 creators and over 1,000 brands to promote and merchandise their products and services. The Company is currently growing internationally across Hong Kong, China, Taiwan, Singapore, and beyond. For more information, .

Forward-Looking Statements

Certain statements in this announcement constitute forward-looking statements, which involve known and unknown risks and uncertainties. These statements are based on the Company’s current expectations and projections regarding future events that may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions concerning the Company’s present and future business strategies and the environment in which it will operate. Investors can identify many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to,” or similar expressions. The Company does not undertake any obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances or changes in its expectations, except as required by law. While the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee that these expectations will prove correct. The Company cautions investors that actual results may differ materially from anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

Contact Information:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: vsme@crescendo-ir.com

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