Masonglory Limited Announces US$1.0 Million Private Placement to Fund Continued Acquisition of Equity Interests in Beta Beteiligungs und Besitz GmbH

The planned funding supports a further Beta stake, but its size and consideration remain under negotiation.

Rhea-AI Summary

Masonglory (MSGY) agreed on September 25 to raise approximately US$1.0 million through a private placement with four investors.

The investors agreed to buy 667,000 Class A ordinary shares at US$1.50 each, for US$1,000,500 in gross proceeds before offering expenses. At closing, each investor will also receive, at no additional cost, a Series A warrant to buy up to 166,750 shares at US$1.30 and a Series B warrant to buy up to 166,750 shares at US$1.10. The warrants are exercisable from issuance for two years. The placement has not closed.

Masonglory intends to use the net proceeds to acquire additional equity in Austria-based Beta Beteiligungs und Besitz, which distributes construction materials in Continental Europe. An August 12 share swap agreement covers the acquisition of a 20% stake. The percentage and price of any additional stake remain under negotiation, with no definitive agreement.

Positive

• US$1,000,500 in gross proceeds is covered by an agreement to sell 667,000 shares at US$1.50 each.
• Net proceeds are intended to fund the acquisition of additional equity in Beta Beteiligungs und Besitz.

Negative

• 667,000 new Class A shares at US$1.50 each would dilute existing holders at closing.
• Each of four investors will receive a Series A warrant for up to 166,750 shares at US$1.30.
• Each investor will also receive a Series B warrant for up to 166,750 shares at US$1.10.
• Both warrant series are exercisable from issuance for two years, creating further potential dilution.
• Offering expenses will be deducted from the US$1,000,500 in gross proceeds.
• Closing remains pending; the shares and warrants have not yet been issued to the investors.
• The additional Beta stake and its consideration remain under negotiation, with no definitive agreement.

Argus 15 min delay 149 alerts

-62.58% vs previous close $3.02 last price 290.9x rel. volume Open Argus

Details

Market Reaction – MSGY

+3.9% Peak Tracked

-12.3% Trough Tracked

$2.70 – $9.50 Day Range

$6.40M Market Cap

On Sep 28, the day this news came out, the latest delayed price for MSGY is 62.58% below the previous close. Argus tracked a peak move of +3.9% during the session. Argus tracked a trough of -12.3% from its starting point during tracking. Our momentum scanner has recorded 149 alerts for this stock so far that day. The latest delayed price is $3.02. Relative volume is exceptionally heavy at 290.9x the average.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

On Sep 28, the day this news came out, the latest delayed price for the stock is 62.6% below the pre...

Analysis

On Sep 28, the day this news came out, the latest delayed price for the stock is 62.6% below the previous close. On Aug 13, the earlier Beta share-swap agreement established a 20% stake for 1,377,000 shares; its recorded 5.76% decline is historical context only, not evidence of a response to this new cash-funded placement.

Key Figures

Gross proceeds: US$1,000,500 Class A shares issued: 667,000 shares Purchase price: US$1.50 per share +5 more

Gross proceeds

US$1,000,500

Private placement; before offering expenses

Class A shares issued

667,000 shares

Private placement

Purchase price

US$1.50 per share

Private placement

Series A warrant shares

Up to 166,750 shares per Purchaser

Warrant issued for no additional consideration

Series A exercise price

US$1.30 per share

Series A warrant

Series B warrant shares

Up to 166,750 shares per Purchaser

Warrant issued for no additional consideration

Series B exercise price

US$1.10 per share

Series B warrant

Warrant term

Two years from issuance

Series A and Series B warrants

Historical Context

1 past event · Latest: Aug 13

1 event

1. Aug 13

   Acquisition agreement

   24h Move

   -5.8%

   Prior share-swap agreement established an initial 20% stake in the same Target for 1,377,000 shares.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

private placement, securities purchase agreement, warrant, restricted securities

4 terms

private placement financial

"in a private placement (the “Private Placement”)"

A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.

securities purchase agreement financial

"entered into a securities purchase agreement"

A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.

warrant financial

"a Series A warrant to purchase up to 166,750 Class A Ordinary Shares"

A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.

restricted securities regulatory

"will constitute “restricted securities”"

Restricted securities are shares or other investment instruments that come with legal or contractual limits on when and how they can be sold, like stock given to founders or bought in a private offering. Think of them as assets in a locked box that can’t be freely traded until certain conditions — such as a waiting period, company registration, or specific approvals — are met. For investors this matters because restricted securities are less liquid and can affect timing, price, and perceived value when they eventually enter the market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HONG KONG, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Masonglory Limited (the “Company”) (Nasdaq: MSGY), a subcontractor providing wet trades services and other ancillary services in Hong Kong, today announced that on September 25, 2026, the Company entered into a securities purchase agreement (the “Securities Purchase Agreement”) with four investors (collectively, the “Purchasers”), pursuant to which the Purchasers agreed to purchase from the Company, in a private placement (the “Private Placement”), an aggregate of 667,000 Class A ordinary shares of the Company, par value US$0.0008 each (the “Class A Ordinary Shares”), at a purchase price of US$1.50 per share, for aggregate gross proceeds to the Company of approximately US$1.0 million (US$1,000,500), before deducting offering expenses.

In addition, for no additional consideration, each Purchaser will receive at the closing of the Private Placement a Series A warrant to purchase up to 166,750 Class A Ordinary Shares at an exercise price of US$1.30 per share and a Series B warrant to purchase up to 166,750 Class A Ordinary Shares at an exercise price of US$1.10 per share (collectively, the “Warrants”). The Warrants are exercisable from the date of issuance and have a term of two years from the date of issuance.

The Company expects to complete the closing of the transactions contemplated by the Securities Purchase Agreement as soon as practicable, subject to the satisfaction of customary closing conditions, and to issue the Class A Ordinary Shares and the Warrants to the Purchasers at the closing.

The Company intends to use the net proceeds from the Private Placement to fund the continued acquisition of equity interests in Beta Beteiligungs und Besitz GmbH, a private limited liability company organized under the laws of the Republic of Austria (the “Target”), which is engaged in the trading and distribution of construction materials, principally bathtubs, hot tubs and swim spas, in Continental Europe. As previously announced on August 13, 2026, the Company entered into a share swap agreement on August 12, 2026 to acquire a 20% equity interest in the Target. The specific percentage of additional equity interests in the Target to be acquired and the consideration therefor are still under negotiation between the Company and the Target, and no definitive agreement in respect thereof has been entered into as of the date of this press release. The Company will make further announcement(s) in respect of the foregoing as and when appropriate.

The Class A Ordinary Shares to be issued in the Private Placement, the Warrants and the Class A Ordinary Shares issuable upon exercise of the Warrants have been and will be issued and sold in an offshore transaction without registration under the Securities Act of 1933, as amended, in reliance on applicable exemptions from registration, and will constitute “restricted securities”. Each Purchaser has represented to the Company that it is not affiliated with the Company or any of its directors or officers. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Masonglory Limited

Founded in 2018 in Hong Kong, Masonglory Limited is a subcontractor providing wet trades services and other ancillary services to property developers and Hong Kong government. As a registered specialist trade contractor (plastering-group 2) since 2020, the Company provides customers with comprehensive wet trades works solutions, which principally include: (i) plastering on floors, ceilings, and walls; (ii) tile laying on internal and external walls and floors; (iii) brick laying; (iv) floor screeding; and (v) marble works. For more information, please visit: https://www.masontech.com.hk/; https://ir.masontech.com.hk/

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For more information, please contact:

Masonglory Limited

Investor Relations Department

Email: services@wealthfsllc.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much will Masonglory raise in its private placement, and at what share price?

Four investors agreed to buy 667,000 Class A ordinary shares at US$1.50 each, for US$1,000,500 in gross proceeds before offering expenses. The placement has not closed.

What is the status of Masonglory’s planned additional investment in Beta Beteiligungs und Besitz?

The percentage of additional equity and its consideration remain under negotiation, and there is no definitive agreement for that additional stake. An August 12 share swap agreement covers the acquisition of a 20% stake.