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Marwynn Holdings, Inc. closes private placement of common stock
MWYN
- Marwynn Holdings, Inc. entered into and closed a stock purchase agreement on October 28, 2025, for the sale of common stock.
- The company sold 3,140,800 shares of common stock at a price of $0.45 per share.
- This transaction generated aggregate gross proceeds of approximately $1,413,360 for the company.
- The shares were sold to certain accredited investors in an unregistered offering, and the agreement grants these investors piggyback registration rights.
Oct 29, 2025, 8:37 PM
Marwynn Holdings, Inc. to sell Grand Forest Cabinetry Inc. subsidiary
MWYN
M&A
- On October 27, 2025, Marwynn Holdings, Inc. (MWYN) entered into a Securities Purchase Agreement with Reli Home Décor Inc..
- Under the agreement, MWYN will sell all 70,000 shares of its wholly-owned subsidiary, Grand Forest Cabinetry Inc., for an aggregate cash purchase price of $550,000.
- Grand Forest Cabinetry Inc. is engaged in the business of indoor home improvement supply chain management.
- The transaction is anticipated to be completed before the end of 2025 and is subject to customary closing conditions, including approval by MWYN's board and stockholders.
Oct 28, 2025, 8:27 PM
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