Dogness announces closing of us$5.0 million private placement

Plano, texas , may 17, 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 closed a private placement transaction (the "private placement"), raising us$5.0 million in gross proceeds, from the sale of 2,000,000 of the company's class a common shares (the "shares") to various purchasers (the "purchasers"), priced at us$2.50 per share. on may 9, 2024, the company entered into a securities purchase agreement with certain non-u.s. purchasers (the "purchasers") for the aforementioned placement offering.
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