Dogness announces entry into us$5.0 million private placement

Plano, texas , may 9, 2024 /prnewswire/ -- dogness (international) corporation ("dogness" or the "company") (nasdaq: dogz), a developer and manufacturer of a comprehensive line of dogness-branded, oem and private label pet products, today announced that it entered into a private placement transaction (the "private placement") for us$5.0 million in gross proceeds, from the sale of 2,000,000 of the company's class a common shares (the "shares") for us$2.50 per share. the shares are being sold to certain non-u.s. purchasers (the "purchasers") in a transaction exempt from registration under the securities act of 1933, as amended, in reliance on regulation s thereunder.
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