Rito Group Corp. (OTCPK:RTTO) announced that it has entered into a subscription agreement with an individual investor Leung Mee Yee Minnie for a private placement of 7,500 shares at a price of $2 per share for gross proceeds of $15,000 on April 5, 2019. The shares are issued at a premium having a par value of $0.0001 per share. The company did not pay any finder’s, broker’s or agent’s fees or commissions in connection with the transaction. The company issued securities pursuant to exemption provided under exemption from registration under Section 4(a)(2), Regulation D, and/or Regulation S.