PS International Group Ltd. Closes Private Offering
Ticker: PSIG · Form: 6-K · Filed: Nov 13, 2025 · CIK: 1997201
Sentiment: neutral
Topics: private-offering, financing, securities-purchase-agreement
TL;DR
PS International Group Ltd. just closed a private offering on Nov 7th. Details TBD.
AI Summary
PS International Group Ltd. announced the closing of a private offering on November 7, 2025. The company, incorporated in the Cayman Islands, is based in Hong Kong and operates in freight and cargo transportation. Further details on the offering's terms and proceeds were not disclosed in this filing.
Why It Matters
The closing of a private offering can indicate new funding for the company's operations or strategic initiatives, potentially impacting its future growth and market position.
Risk Assessment
Risk Level: medium — Private offerings can carry risks related to the terms of the agreement, the investors involved, and the undisclosed use of proceeds.
Key Players & Entities
- PS International Group Ltd. (company) — Filer of the report and issuer of securities
- November 7, 2025 (date) — Date of the securities purchase agreement and closing of the private offering
- Cayman Islands (location) — Jurisdiction of incorporation for PS International Group Ltd.
- Hong Kong (location) — Principal executive offices location for PS International Group Ltd.
FAQ
What was the total amount raised in the private offering?
The filing does not disclose the total amount raised in the private offering.
Who were the investors in this private offering?
The filing does not name the specific investors who participated in the private offering.
What are the terms of the securities purchased in the offering?
The filing mentions a securities purchase agreement but does not detail the specific terms of the securities.
How will the proceeds from the private offering be used?
The filing does not specify how the proceeds from the private offering will be utilized.
When was the securities purchase agreement initially entered into?
PS International Group Ltd. entered into the securities purchase agreement on November 7, 2025.
Filing Stats: 1,087 words · 4 min read · ~4 pages · Grade level 14.9 · Accepted 2025-11-13 07:17:27
Key Financial Figures
- $0.0008 — ng of (i) one ordinary share, par value $0.0008 per share (the “Ordinary Shares&r
- $1.80 — inary Shares, at an offering price of US$1.80 per unit. The closing of the Offering t
- $9.6 m — egate gross proceeds of approximately US$9.6 million, before deducting placement agent
Filing Documents
- ea0264746-6k_psinter.htm (6-K) — 18KB
- ea026474601ex4-1_psinter.htm (EX-4.1) — 113KB
- ea026474601ex10-1_psinter.htm (EX-10.1) — 88KB
- ea026474601ex10-2_psinter.htm (EX-10.2) — 246KB
- ea026474601ex10-3_psinter.htm (EX-10.3) — 53KB
- ea026474601ex10-4_psinter.htm (EX-10.4) — 37KB
- ea026474601ex99-1_psinter.htm (EX-99.1) — 7KB
- 0001213900-25-109560.txt ( ) — 563KB
From the Filing
OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of November 2025 Commission File Number: 001-42182 PS International Group Ltd. Unit 1002, 10/F Join-in Hang Sing Centre No.2-16 Kwai Fung Crescent, Kwai Chung New Territories, Hong Kong (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F Form 40-F Closing of Private Offering As previously disclosed, on November 7, 2025, PS International Group Ltd., an exempted company with limited liability incorporated under the laws of Cayman Islands (the “Company”), entered into a securities purchase agreement (the “Securities Purchase Agreement”) with certain purchasers (the “Purchasers”) identified therein for a private placement (the “Offering”) of up to 5,332,216 units, each consisting of (i) one ordinary share, par value $0.0008 per share (the “Ordinary Shares”), of the Company (or at the election of the purchaser, one pre-funded warrant (the “Pre-Funded Warrant”) in lieu thereof) and (ii) one warrant (the “Warrant,” and collectively with the Ordinary Shares and the Pre-Funded Warrant, the “Securities”) to purchase up to two Ordinary Shares, at an offering price of US$1.80 per unit. The closing of the Offering took place on November 12, 2025 and the Company issued to the Purchasers 5,332,216 Ordinary Shares and Warrants to purchase up to 10,664,432 additional Ordinary Shares for aggregate gross proceeds of approximately US$9.6 million, before deducting placement agent fees and other offering expenses payable by the Company, and excluding any proceeds from the exercise of any Warrant. The Securities were offered in a transaction exempt from the registration requirements of the U.S. Securities Act of 1933, as amended, (the “Securities Act”) and have not been registered under the Securities Act or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. The Company has agreed to file a registration days after closing of the Offering, pursuant to a registration rights agreement (the “Registration Rights Agreement”) entered into by and among the Company and the Purchasers dated November 7, 2025. Pursuant to the Purchase Agreement, until ninety (90) days after the closing of the Offering, the Company shall not issue, enter into any agreement to issue, or announce the issuance or proposed issuance of any Ordinary Shares, or securities convertible into, or exchangeable or exercisable for, the Company’s Ordinary Shares. The Company also entered into a placement agency agreement dated November 7, 2025 (the “Placement Agency Agreement”) with Joseph Stone Capital, LLC, who acted as the placement agent (the “Placement Agent”) on a reasonable best efforts basis in connection with this Offering. Pursuant to the Placement Agency Agreement, the Company agreed to pay to the Placement Agent a cash fee equal to 7.0% of the aggregate gross proceeds raised in the Offering, a non-accountable expense allowance equal to 1.0% of the aggregate gross proceeds raised in the Offering, and to reimburse the Placement Agent for its out-of-pocket expenses. The Company agreed to grant the Placement Agent a right of first refusal, for a period of three (3) months from the closing of the Offering to provide investment banking services, as defined in the Placement Agency Agreement, to act as lead manager for any underwritten public offering, or sole placement agent in connection with any public offering or any private offering of securities of the Company during such three (3) month period. Pursuant to the Purchase Agreement and Placement Agency Agreement, each of the Company’s directors, officers, and beneficial owners of 10% or more of the Company’s Ordinary Shares, have entered into lock-up agreements that generally prohibit the sale, transfer, or other disposition of the Company’s securities, or securities convertible into, or exchangeable or exercisable for, the Company’s Ordinary Shares for a period of ninety (90) days following the closing of the Offering. In addition, in connection with the Offering, the Company entered into an escrow agreement dated October 29, 2025 (the “Escrow Agreement”) with the Placement Agent, and Sichenzia Ross Ference Carmel LLP, as escrow agent (the “Escrow Agent”). Pursuant to the Purchase Agreement, the aggregate gross proceeds from the Offering (the “Escrow Funds”) were deposited into a separate bank a