HWH International shares surge 18.03% premarket after announcing $1.76 million public offering at $0.40 per share.

HWH International surged 18.03% in premarket trading following the announcement that it closed a $1.76 million public offering at $0.40 per share. The offering, facilitated by D. Boral Capital as placement agent, provides liquidity and capital to support operational initiatives, aligning with the company’s strategic focus on growth in its Hapi Cafe and travel joint venture segments. The price point of $0.40 reflects market demand, signaling investor confidence in the firm’s recent business developments, including its collaboration with Asia Business College and expansion in robotics partnerships. While older news, such as a reverse stock split and delisting threats, had previously pressured the stock, the recent capital raise directly addresses financial stability and operational scalability, justifying.