Sino-Global Shipping America, Ltd. (NASDAQ: SINO), a non-asset based global shipping and freight logistical integrated solutions provider, announced today the closing of its previously announced registered direct offering and concurrent private placement with certain accredited investors to purchase a total of $13,599,792.50 of its common stock and warrants.

Maxim Group LLC acted as sole placement agent for the offering.

After deducting the placement agent's commission and other estimated offering expenses payable by Sino-Global, the net proceeds to the Company were approximately $12.3 million. Sino-Global intends to use the net proceeds of the offering for working capital and other general corporate purposes.

About Sino-Global Shipping America, Ltd.

Founded in the United States in 2001, Sino-Global Shipping America, Ltd. is a company engaged in shipping, chartering, logistics and related services. Headquartered in New York, Sino-Global has offices in Los Angeles, Mainland China, Australia, Canada and Hong Kong. The Company's current service offerings consist of shipping agency services, shipping and chartering services, inland transportation management services and ship management services. Additional information about Sino-Global can be found on the Company's corporate website at www.sino-global.net. The Company routinely posts important information on its website.