YY Group Holding Limited has closed a direct offering of 9,523,812 Class A ordinary shares and warrants to purchase up to 14,285,718 Class A Ordinary Shares. The Company generated approximately $4.0 million in gross proceeds from this offering, with each share sold at $0.42 and accompanying warrants priced at $0.50 with a 3.5-year term. The net proceeds will be utilized for working capital and general corporate purposes. The offering was made under the Company’s shelf registration statement and FT Global Capital, Inc. served as the exclusive placement agent. The documentation related to the offering can be found on the SEC website.