Amergent Hospitality Group, Inc. announced that its has enter into a securities purchase agreement with certain accredited investors for the sale of 125 units at an issue price of $20,000, for aggregate gross proceeds of $2,500,000 on January 26, 2023. Each unit comprised of one share of series A convertible preferred stock and a warrant to purchase up to 10,000 shares of common stock, with $0.0001 par value. The company has issued securities pursuant to exemption provided under Regulation D.