NEW YORK, Oct. 23, 2025 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading is halted in Empro Group Inc. (Nasdaq: EMPG) for additional information requested from the company. Previously, the Securities and Exchange Commission effected a trading suspension in EMPG from 04:00:00 on October 9, 2025 to 23:59:00 on October 22, 2025. The last sale price of the company’s ordinary shares was $17.36. More information about the SEC’s order can be found at https://www.sec.gov/files/lit ...

As of Sept. 29, 2025, three stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, accord ...

Group 1 - As of September 29, 2025, three stocks in the consumer staples sector are identified as potentially overbought, which may concern momentum-focused investors [1][2] - The Relative Strength Index (RSI) is a key momentum indicator, with values above 70 indicating that a stock may be overbought [2] Group 2 - PriceSmart Inc (NASDAQ: PSMT) reported better-than-expected third-quarter results, with a stock gain of approximately 13% over the past month and a 52-week high of $121.50. The RSI value is 73, and the stock closed at $120.94 [5] - United Natural Foods Inc (NYSE: UNFI) was upgraded by BMO Capital from Market Perform to Outperform, with a price target increase from $25 to $36. The stock gained around 12% over the past month, reaching a 52-week high of $34.76, with an RSI value of 70.6 and a closing price of $31.62 [5] - Empro Group Inc (NASDAQ: EMPG) announced the closing of a $5.5 million IPO, resulting in a stock gain of approximately 61% over the past month and a 52-week high of $16.88. The RSI value is 82.2, and the stock closed at $16.88 [5]

Core Viewpoint - Empro Group Inc. has successfully listed on the Nasdaq Capital Market, becoming the first beauty brand from Malaysia to do so, marking a significant milestone for the company and the region [1][4]. Group 1: IPO Details - The initial public offering (IPO) was upsized from $5.0 million to $5.5 million, with 1,375,000 ordinary shares priced at $4.00 each, generating gross proceeds of approximately $6.325 million before deductions [2]. - The underwriter, R.F. Lafferty & Co., Inc., exercised its over-allotment option fully, purchasing an additional 206,250 shares at the public offering price [2][3]. Group 2: Company Background and Growth - Empro Group Inc. has evolved from its origins in eyebrow embroidery to a trusted name in cosmetics, skincare, and healthcare, with a growing presence in Southeast Asia and Europe [4][5]. - The company aims to leverage its Nasdaq listing to enhance brand visibility and expand its market presence globally, particularly with its flagship skincare product, SpaceLift [4][5].

Company Overview - Empro Group Inc. is a rising beauty and personal care brand headquartered in Malaysia, evolving from its origins in eyebrow embroidery to a trusted name in cosmetics, skincare, and healthcare [5] Offering Details - The company closed the sale of an additional 91,250 ordinary shares at the IPO price of $4.00 per share, raising gross proceeds of $365,000 [1] - The total gross proceeds from the IPO, including previous amounts, reached approximately $6,325,000 before deducting underwriting discounts and other offering expenses [1] - The Offering was conducted on a firm commitment basis with R.F. Lafferty & Co., Inc. as the sole underwriter [2] Regulatory Information - A registration statement on Form F-1 was filed with the U.S. Securities and Exchange Commission (SEC) and declared effective on July 1, 2025 [3] - The Offering is being made only by means of a prospectus, which can be obtained from the underwriter or the SEC's website [3]

Core Points - Empro Group Inc. has successfully closed the sale of an additional 115,000 ordinary shares at the IPO price of $4.00 per share, raising gross proceeds of $460,000, in addition to the previously announced IPO gross proceeds of approximately $5,500,000 [1] - The Offering was conducted on a firm commitment basis with R.F. Lafferty & Co., Inc. acting as the sole underwriter [2] - A registration statement related to the Offering was filed with the U.S. Securities and Exchange Commission and declared effective on July 1, 2025 [3] Company Overview - Empro Group Inc. is a rising beauty and personal care brand based in Malaysia, evolving from its origins in eyebrow embroidery to a trusted name in cosmetics, skincare, and healthcare [5] - The company has a growing presence across Southeast Asia and Europe, focusing on providing accessible, quality self-care solutions [5]