 SYDNEY, HONG KONG AND NEW YORK, March 23, 2021 PRNewswire -- Integrated Media Technology Limited NASDAQ: IMTE IMTE or the Company, announces today that it has entered into a Securities Purchase Agreement with an accredited investor for the issuance and sale in a registered direct offering of 708,000 ordinary shares of the Company Ordinary Shares at a price of US6.50 per share the Cash Offering totaling US4,602,000 , which will generate a net cash proceeds of approximately US4,577,000 after deducting estimated expenses in connection with the offering. The transaction is expected to close on March 25, 2021. 