NFT Ltd. Stock Soars 27% After Hours on $2.55 Million Offering

NFT Ltd. (NYSE: MI) shares surged 26.83% to $1.56 in after-hours trading following the announcement of a $2.55 million registered direct offering. The offering includes 1.89 million units priced at $1.35 each, which consist of one Class A ordinary share and one common warrant. The proceeds will be used for working capital and general corporate purposes, with the offering expected to close on Wednesday, pending customary conditions.