PS International shares surge 10.01% intraday after announcing $9.6M private placement to raise capital.

PS International surged 10.01% intraday following the announcement of a $9.6 million private placement involving up to 5,332,216 units. The capital raise, disclosed on November 7, 2025, is likely intended to fund operational expansion or strategic initiatives, positioning the company to strengthen its market position. The move aligns with investor optimism over enhanced liquidity and growth potential, though details on fund allocation remain unspecified.