SHENZHEN, Nov. 25, 2025 — Mingzhu Logistics Holdings Limited (NASDAQ: YGMZ), a prominent provider of logistics and transportation services for businesses, announced today that it has finalized a definitive securities purchase agreement with select institutional investors. This agreement involves the purchase and sale of a total of 8,000,000 units (each, a “Unit”) in a registered direct offering. Each Unit is priced at $1.00 and consists of either one ordinary share of the Company, with a par value of $0.128 per share (each, an “Ordinary Share”), or a pre-funded warrant in its place, along with one common warrant (each, a “Warrant”). The purchase price for the pre-funded warrants matches that of the Ordinary Shares, minus the exercise price of $0.128 per share.
Each Warrant will carry an exercise price of $1.00 per Class A Ordinary Share, will be immediately exercisable upon its issuance, and will expire six months from its issuance date. The gross proceeds expected from this offering for the Company are approximately $8 million, prior to deductions for placement agent fees and other associated offering expenses payable by the Company. The transaction is slated to conclude on or about November 26, 2025, contingent upon the fulfillment of standard closing conditions.
Univest Securities, LLC is serving as the exclusive placement agent for this offering.
This registered direct offering is being conducted under a shelf registration statement on Form F-3 (File No. 333-267839), which was previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission (“SEC”) on June 6, 2023. A final prospectus supplement and its accompanying prospectus, detailing the terms of the proposed offering, will be filed with the SEC and will be made available on the SEC’s website at . When available, electronic copies of the final prospectus supplement and accompanying prospectus may be obtained by contacting Univest Securities, LLC at , or by dialing +1 (212) 343-8888.
This press release should not be construed as an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any jurisdiction where such an offer, solicitation, or sale would be unlawful without prior registration or qualification under the securities laws of that jurisdiction. Copies of the prospectus supplement pertaining to the registered direct offering, along with the base prospectus, will be filed by the Company and, once filed, can be accessed on the SEC’s website at .
About MINGZHU LOGISTICS HOLDINGS LIMITED
Mingzhu Logistics Holdings Limited (NASDAQ: YGMZ) is recognized as a 4A-rated professional trucking service provider. Leveraging its regional logistics terminals in Guangdong Province, Mingzhu Logistics Holdings offers bespoke solutions to clients for the delivery of their goods. This is achieved through its extensive network density and broad geographic coverage across the country, utilizing a combination of its self-owned fleet of tractors and trailers, as well as subcontractors’ fleets. For additional information, please visit .
Forward-Looking Statements
Certain statements contained within this announcement constitute forward-looking statements, including, but not limited to, those concerning the Company’s proposed offering. These forward-looking statements are subject to known and unknown risks and uncertainties and are predicated on current expectations and projections regarding future events and financial trends that the Company believes could impact its financial condition, results of operations, business strategy, and financial requirements, including the expectation that the offering will close. Investors can identify many, though not all, of these statements by the use of terms such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or other similar expressions. The Company assumes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be legally required. While the Company believes that the expectations conveyed in these forward-looking statements are reasonable, it cannot guarantee their accuracy. The Company cautions investors that actual results may differ materially from those anticipated and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
MINGZHU LOGISTICS HOLDINGS LIMITED
Junfei Yang
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