HONG KONG, May 30, 2025 — VS MEDIA Holdings Limited (Nasdaq: VSME), a prominent digital media and social commerce player in the global Creator Economy, announced today the completion of its public offering, involving 35,296,063 ordinary shares priced at $0.229 each.
The offering generated gross proceeds of $8,082,800. After deducting placement agent fees and other offering expenses totaling $730,619, the net proceeds amounted to $7,352,181.
Joseph Gunnar & Co., LLC served as the exclusive placement agent for this offering.
The securities mentioned were offered based on a registration statement on Form F-1, as amended (File No. 333-286658), which the Securities and Exchange Commission (SEC) declared effective on May 6, 2025. The offering was conducted solely through a prospectus, which forms 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 does not constitute an offer to sell or a solicitation of an offer to buy these securities. Furthermore, no sales of these securities will occur in any state or jurisdiction where such offer, solicitation, or sale would be unlawful before registration or qualification under the securities laws of that state or 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, visit .
Forward-Looking Statements
This announcement contains certain forward-looking statements that involve risks and uncertainties. These statements are based on the Company’s current expectations and projections regarding future events that may impact its financial condition, operating results, business strategy, and financial needs. They also rely on assumptions about the Company’s present and future business strategies and the environment in which it will operate. These statements can often be identified by the use of terms like “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to,” or similar expressions. The Company is not obligated to update or revise any forward-looking statements to reflect new information or events, except as required by law. While the Company believes its expectations are reasonable, it cannot guarantee their accuracy and cautions investors that actual results may differ materially. Investors are encouraged to review other factors that could affect the Company’s future results in its registration statement and other filings with the SEC.
Contact Information:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: vsme@crescendo-ir.com