Huadi International Group Co., Ltd. (NASDAQ: HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, on November 9, 2022 announced the closing of its previously announced registered direct offering with two institutional investors, raising approximately US$25 million in gross proceeds, before deducting placement agent fees and other estimated offering expenses.

HUDSON ACQUISITION I CORP., a Delaware company incorporated as a blank check company, announced today the closing of its initial public offering and the sale of 6,000,000 units, at a purchase price of $10 per unit, for aggregate gross proceeds of approximately $60,000,000.