High-Trend International Group Raises $4.45M in Private Placement to Co-Founder Dong Zhang

March 11, 2025

High-Trend International Group completed a $4,452,999 private placement of 1,699,618 Class A ordinary shares at $2.62 per share to co-founder Mr. Dong Zhang, acting through Speed Wealthy Ltd. The shares are subject to a 36-month lock-up and the company intends to use proceeds for general working capital; the transaction was unanimously approved by the Board.

Buyers
Speed Wealthy Ltd., Dong Zhang
Targets
High-Trend International Group
Industry
Transportation
Location
Singapore
Transaction Type
Growth capital

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