Singularity Future Technology Ltd. closed a registered direct offering that generated approximately $5.0 million in gross proceeds. The company sold 1,562,500 common shares, or pre-funded warrants in lieu of shares, to institutional investors at $3.20 per share in an offering priced at-the-market under Nasdaq rules. Univest Securities acted as the sole placement agent. The transaction was conducted under the company’s effective Form S-3 shelf registration statement, and Singularity provides freight logistics and related support services to steel companies and e-commerce businesses.