Dogness International Corp

On May 9, 2024, Dogness (International) Corporation (“Dogness” or the “Registrant”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with certain purchasers (the “Purchasers”), pursuant to which the Registrant agreed to issue and sell to the Purchasers and the Purchasers agreed to purchase from the Registrant, an aggregate of 2,000,000 Class A common shares without par value (the “Shares”) of the Registrant, at a price of US$2.50 per share for aggregate gross proceeds of US$5,000,000 (the “Transaction”).

On May 16, 2024, Dogness closed the Transaction. The Registrant will use the net proceeds from this Offering for working capital and general corporate purposes. There are 3,661,658 Class A common shares and 9,069,000 Class B common shares outstanding after the issuance of the Shares purchased.

On May 17, 2024, Dogness issued a press release announcing the closing of the Transaction. A copy of the press release is attached as Exhibit 99.1 hereto and incorporated herein by reference.