We are live on ! Find out more

Magic Empire Global Ltd

MEGL

Market cap $8.88M

0.1365 USD

+0.0159

13.18%

At close Updated Nov 9, 4:00 PM EST

Pre-market

After hours

0.1326

-0.0039

2.86%

1 day

13.18%

5 days

-18.36%

1 month

-79.71%

3 months

-88.99%

6 months

-87.92%

Year to date

-88.53%

1 year

-89.81%

5 years

-99.96%

10 years

-99.96%

About: Magic Empire Global Ltd is a financial services provider in Hong Kong which principally engage in the provision of corporate finance advisory services and underwriting services. The company's offerings mainly comprise of IPO sponsorship services, Financial advisory and independent financial advisory services, Compliance advisory services, Underwriting services, Corporate service.

Employees: 7

Financials Capital Markets

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0%

Neutral 100%

Negative 0%

MEGL Secures US$100 Million Dedicated Credit Facility to Accelerate Cross-Border Timber Trading

HONG KONG, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Magic Empire Global Limited ("MEGL" or the "Company", Nasdaq: MEGL) today announced that it has secured a dedicated credit facility of US$100 million (the "Facility") from Anyu International Limited ("AIL") to fund its cross-border timber supply chain trading business. The Facility provides dedicated, medium-term capital support for the Company's timber procurement and cross-border trade settlement, and marks another concrete step in MEGL's strategic transformation into commodity trade and the timber industrial supply chain.

MEGL Secures US$100 Million Dedicated Credit Facility to Accelerate Cross-Border Timber Trading

MEGL Enters into Strategic Cooperation with Singapore's SIN HOPEWAY for USD 500 Million Timber Trade

Hong Kong, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (“MEGL” or the “Company”) today announced that on October 22, 2026, it entered into a letter of intent (the “Letter of Intent”) with Singapore-based commodity trading enterprise SIN HOPEWAY PTE. LTD., for a five year strategic cooperation to develop an international timber import and export supply chain business, commencing from the date of the Letter of Intent. During the five-year cooperation period, the Company, having completed its strategic industrial upgrade, shall supply SIN HOPEWAY PTE. LTD. with raw timber materials. The cumulative target trade volume between the parties shall be US$500 million.

MEGL Enters into Strategic Cooperation with Singapore's SIN HOPEWAY for USD 500 Million Timber Trade

Magic Empire Global Limited Announces Strategic Expansion into Commodity Trading and Supply Chain Finance, Establishing Dual Core Business Model

Hong Kong, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) ("MEGL" or the "Company") today announced a new strategic initiative to expand into international commodity trading and supply chain finance, building on its established financial services platform in Hong Kong. Going forward, the Company intends to develop its business around two core pillars: commodity trading, focusing on mineral and energy resources, and financial services, centered on supply chain finance.

Magic Empire Global Limited Announces Strategic Expansion into Commodity Trading and Supply Chain Finance, Establishing Dual Core Business Model

Chaince Securities, LLC to Serve as Exclusive Sales Agent for Magic Empire Global Limited's (NASDAQ: MEGL) US$100 Million At-the-Market Offering Program

New York, NY, Oct. 02, 2026 (GLOBE NEWSWIRE) -- Chaince Securities, LLC (“Chaince”), a FINRA-registered broker-dealer and wholly owned subsidiary of Chaince Digital Holdings Inc. (NASDAQ: CD), today announced that it has been engaged as the exclusive sales agent for the at-the-market (“ATM”) equity offering program of Magic Empire Global Limited (NASDAQ: MEGL) (the “Company”), a British Virgin Islands-incorporated holding company whose operations are conducted in Hong Kong through its operating subsidiaries and which is principally engaged in corporate finance advisory services. The engagement is made pursuant to an At-the-Market Offering Agreement dated September 30, 2026 (the “Sales Agreement”), under which the Company may offer and sell, from time to time, Class A ordinary shares of the Company (the “Shares”) having an aggregate offering price of up to US$100 million through Chaince, as sales agent.

Chaince Securities, LLC to Serve as Exclusive Sales Agent for Magic Empire Global Limited's (NASDAQ: MEGL) US$100 Million At-the-Market Offering Program

Magic Empire Global Limited Announces Closing of a US$3 Million Registered Direct Offering

Hong Kong, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) (the “Company”) today announced the closing of a registered direct offering (the “Offering”) of 2,678,572 units (each a “Unit”) at an offering price of US$1.12 per Unit.

Magic Empire Global Limited Announces Closing of a US$3 Million Registered Direct Offering

Magic Empire Global Limited Announces Pricing of US$3 Million Registered Direct Offering

Hong Kong, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) (the “Company”) today announced the pricing of a registered direct offering (the “Offering”) of 2,678,572 units (each a “Unit”) at an offering price of US$1.12 per Unit.

Magic Empire Global Limited Announces Pricing of US$3 Million Registered Direct Offering

Magic Empire Global Limited announces that the bid price deficiency concern raised by Nasdaq has been successfully resolved

Hong Kong, March 04, 2025 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) (“MEGL”, or the “Company”) is pleased to announce that the bid price deficiency concern raised by Nasdaq has been successfully resolved.

Magic Empire Global Limited announces that the bid price deficiency concern raised by Nasdaq has been successfully resolved

Magic Empire Global Limited Announces First Half 2024 Unaudited Financial Results

HONG KONG, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (“MEGL” or the “Company”) (NASDAQ: MEGL), a financial services provider in Hong Kong which principally engages in the provision of corporate finance advisory services, today announced its unaudited financial results for the six months ended June 30, 2024.

Magic Empire Global Limited Announces First Half 2024 Unaudited Financial Results

Magic Empire Global Limited Announces Receipt of Nasdaq Notification of additional 180 calendar day period to regain compliance of minimum bid price requirement

Hong Kong, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) (“MEGL”, or the “Company”) has announced that on August 27, 2024, the Company received a letter from Nasdaq, notifying the Company that Nasdaq has determined the Company is eligible for an additional 180 calendar day period, or until February 24, 2025, to regain compliance with the minimum bid price of $1 per share requirement pursuant to the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2). This is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Capital Market with the exception of the bid price requirement, and the Company's written notice to Nasdaq dated August 19, 2024, noting of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. If compliance cannot be demonstrated by February 24, 2025, Nasdaq will provide written notification that the Company's securities will be delisted. At that time, the Company may appeal the determination to a hearing panel.

Magic Empire Global Limited Announces Receipt of Nasdaq Notification of additional 180 calendar day period to regain compliance of minimum bid price requirement

Magic Empire Global Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Hong Kong, March 01, 2024 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) (“MEGL”, or the “Company”) announced that, on February 28, 2024, the Company received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the closing bid price of the Company for the period from January 16, 2024 to February 27, 2024, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.

Magic Empire Global Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

See News Rankings

Price charts implemented using Lightweight Charts™