Megan Holdings Limited Announces Closing of $8.3 Million Follow-on Public Offering
Megan Holdings Limited - Ordinary shares. (MGN)
NASDAQ:AMEX Investor Relations:
regency-mines.com/investors
Company Research
Source: GlobeNewswire
Malaysia, Kuala Lumpur, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Megan Holdings Limited (Nasdaq: MGN) (the “Company” or “Megan”), a Malaysia-based company principally engaged in the development, construction, and maintenance of aquaculture farms and related works, today announced the closing of its follow-on public offering (the “Offering”) of 20,750,000 Class A ordinary shares, par value US$0.0001 per share, at a public offering price of US$0.40 per share. Gross proceeds to the Company, before deducting placement agent fees and other offering expenses, were US$8.3 million. D. Boral Capital LLC acted as the exclusive placement agent in connection with the Offering. Ortoli Rosenstadt LLP acted as U.S. securities counsel to the Company. Loeb & Loeb LLP acted as U.S. securities counsel to the placement agent. The securities described above were offered pursuant to a registration statement on Form F-1 (File No. 333-292850), as amended (the “Registration Statement”), which was declared effe
Show less
Read more
Impact Snapshot
Event Time:
MGN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MGN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MGN alerts
High impacting Megan Holdings Limited - Ordinary shares. news events
Weekly update
A roundup of the hottest topics
MGN
News
- Megan Holdings Limited Announces Closing of $8.3 Million Follow-on Public Offering [Yahoo! Finance]Yahoo! Finance
- Megan Holdings Limited Announces Pricing of $8.3 Million Follow-on Public OfferingGlobeNewswire
- MGN (NASDAQ:MGN) is now covered by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>. They set a "sell (e-)" rating on the stock.MarketBeat
MGN
Sec Filings
- 2/27/26 - Form 6-K
- 2/27/26 - Form 424B4
- 2/24/26 - Form EFFECT
- MGN's page on the SEC website