Intelligent Living Application Group Inc. Announces $600,000 Public Offering
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Intelligent Living Application Group Inc. (ILAG) announced a public offering of 1,034,483 ordinary shares at $0.58 per share, raising approximately $600,000. Managed by Craft Capital Management LLC, the offering closed on February 27, 2025. Proceeds will be used for general corporate purposes, capital expenditures, and working capital, aiming to strengthen the company's financial position and support expansion in the lockset industry. ILAG specializes in high-quality mechanical locksets and smart locks, serving the U.S. and Canada.
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