NFT Ltd. Announces $2.55M Offering

Hong Kong, Oct. 06, 2026 /CourierPR/ -- NFT Ltd., an emerging online trading platform operator of international art and collectibles, has announced a registered direct offering of 1,890,000 units. Each unit consists of one Class A ordinary share, with a par value of US$0.04 per share, or one pre-funded warrant in lieu thereof, and one warrant. The effective offering price for each unit is $1.35.

Each Unit consists of one Ordinary Share of the Company (or one pre-funded warrant to purchase one Ordinary Share in lieu thereof), referred to as a "Pre-Funded Warrant," and one Common Warrant to purchase one Ordinary Share of the Company (the "Common Warrant"). The public offering price per Pre-Funded Unit is $1.31, which is equal to the public offering price per Unit to be sold in the Offering, minus the $0.04 exercise price per Pre-Funded Warrant. The aggregate gross proceeds from the Offering are expected to be approximately US$2.55 million, prior to deducting placement agent fees, legal fees, administrative and other offering-related expenses.

The closing of the Offering is currently expected to take place on October 7, 2026, subject to the satisfaction of customary closing conditions set forth in the Securities Purchase Agreements dated October 6, 2026 by and between the Company and the purchasers signatory thereto, and related transaction documents. The Company intends to use the net proceeds from the Offering for working capital requirements and other general corporate purposes.

Maxim Group LLC is acting as the sole placement agent for the Offering. Hunter Taubman Fischer & Li LLC is acting as U.S. securities counsel to the Company, and Pryor Cashman LLP is acting as U.S. securities counsel to the placement agent, in connection with the Offering.

The Securities sold in the registered direct offering are being offered pursuant to a shelf registration statement on Form F-3 (File No. 333-284912), which was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on November 28, 2025. The offering of the Securities will be made only by means of a prospectus supplement that forms a part of such registration statement. A prospectus supplement relating to the Securities offered in the registered direct offering will be filed by the Company with the SEC.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

NFT Ltd. operates an online electronic platform (www.nftoeo.com) for offering and trading of digital artwork. Through its platform, the Company allows artists/art dealers/owners to access a much bigger art trading market where they can engage with a wide range of investors. The company also provides NFT consulting with respect to the strategic utilization of blockchain technology and NFT launch. Given our goal to create multiple potential revenue streams and continue to diversify the business model, the company is also exploring NFT gaming business including sales of in-game characters NFTs and sales of membership packs, and launching AI computing and humanoid robotics initiatives.

Forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 are subject to substantial risks and uncertainties that may cause actual results, performance or achievements to differ materially from those expressed or implied. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond the Company’s control. The Company undertakes no obligation to publicly update or revise any forward-looking statements except as required by applicable law.