VS Media Holdings Files For Offering Of Minimum 21.8 And Maximum 65.5 Class A Ordinary Shares At An Offering Price Of $0.229 Per Share

- SEC Filing

We are offering a minimum of 21,834,061 (the "Minimum Offering Amount") Class A ordinary shares, no par value (the "Class A Ordinary Shares") and a maximum of 65,502,184 (the "Maximum Offering Amount") Class A Ordinary Shares, of VS MEDIA Holdings Limited (the "Company") at an offering price of US$0.229 per share (the " Shares"). Our Class A Ordinary Shares are listed on the Nasdaq Capital Market, or Nasdaq, under the symbol "VSME." On May 2, 2025, the last reported sale price of our Class A Ordinary Shares on Nasdaq was US$0.8805 per share.

The public offering price for the securities in this offering is at a discount to the current market price. The final public offering price was determined through negotiation between us, the Placement Agent, and the investors based upon a number of factors, including our history and our prospects, stage of development of our business, our business plans for the future and the extent to which they have been implemented, an assessment of our management, the industry in which we operate, our past and present operating results, the previous experience of our executive officers and the general condition of the securities markets at the time of this offering. The Placement Agent must sell the Minimum Offering and up to the Maximum Offering, if any securities are sold. We expect this offering to be completed not later than two business days following the commencement of sales in this offering (the effective date of the registration statement of which this prospectus forms a part).