Intelligent Living Group raises $600,000 in NASDAQ offering.

Intelligent Living Application Group, a Hong Kong-based premium lockset manufacturer, has priced its "best efforts" public offering of 1,034,483 ordinary shares at $0.58 per share, with total gross proceeds expected to be approximately $600,000. The offering is expected to close on February 27, 2025, and the company intends to use the net proceeds for general corporate purposes, capital expenditures, and working capital. Craft Capital Management is the sole placement agent for the offering.