Here are the 424B prospectus supplements from MingZhu Logistics Holdings Limited (YGMZ) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow YGMZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full YGMZ filings page.
Mingzhu Logistics Holdings Limited is registering up to 70,500,000 Ordinary Shares issuable upon exercise of warrants, plus 1,500,000 Ordinary Shares, 6,500,000 pre-funded warrants, and 8,000,000 common warrants included in newly issued units. The offering consists of 1,500,000 Common Units at $1.00 per unit and 6,500,000 Pre-Funded Units at $0.872 per pre-funded warrant, for a total public offering price of $7,168,000 and gross proceeds before expenses of $6,666,240. Net proceeds are estimated at about $7.3 million, assuming full exercise of the pre-funded warrants. Common Warrants carry a stated exercise price of $1.00 but include a zero exercise price option, and the company expects holders to use this feature, so it does not expect cash proceeds from these warrants. Mingzhu is a Cayman holding company whose operations are conducted in China through PRC subsidiaries and VIEs, exposing investors to VIE-enforcement, PRC regulatory, capital controls and data/cybersecurity risks that could materially affect the business or render the Ordinary Shares worthless. The company has recently faced Nasdaq bid-price compliance issues, implemented a 1-for-16 reverse split, and remains subject to heightened Nasdaq monitoring and potential delisting.