Univest Securities, LLC Announces Closing of $5.0 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules for its Client Singularity Future Technology Ltd. (NASDAQ: SGLY)

New York, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering (the “Offering”) of approximately $5.0 million for its client Singularity Future Technology Ltd. (NASDAQ: SGLY) (the "Company"), a global logistics integrated solution provider.

Under the terms of the securities purchase agreement, the Company has agreed to sell to certain institutional investors an aggregate of approximately $5.0 million of the Company's securities, including 1,562,500 shares of the Company's common stock (the "Common Stock") (or pre-funded warrants in lieu of Common Stock), at an offering price of $3.20 per share, in the Offering priced at-the-market under Nasdaq rules.