StocksMedium•2 October 2026•
1 min read
Magic Empire Global Launches $100M At-the-Market Equity Offering
Key Facts
1Magic Empire Global engaged Chaince Securities as the exclusive agent for a $100 million at-the-market equity offering program.
Magic Empire Global engaged Chaince Securities as the exclusive agent for an at-the-market (ATM) equity offering program worth up to $100 million. GlobeNewswire reported that the company entered into an agreement to sell its Class A ordinary shares at prevailing market prices through the program.
MEGL shares closed at $1 on October 1, 2026, with a trading range between $0.9566 and $1.07 during that session. On the same date, CD shares closed at $6.74 after reaching a day high of $6.94 and a low of $5.7.