Pop Culture Group closes $8M direct offering at $0.15 per share

Pop Culture Group Co., Ltd (NASDAQ: CPOP), a China-based entertainment company, closed a registered direct offering of approximately $8 million, according to a press release issued June 15, 2026.

Under the terms of the securities purchase agreement, the company sold 53,333,333 Class A ordinary shares, or pre-funded warrants in lieu thereof, to a single institutional investor at $0.15 per share. The $8 million figure represents gross proceeds before placement agent fees and other offering expenses.

Univest Securities, LLC acted as the sole placement agent for the transaction.

The offering was conducted pursuant to a shelf registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission on January 27, 2026, and declared effective on February 9, 2026.

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