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Zenta Group Company Limited Announces Full Exercise of Over-Allotment Option
Globenewswire· 2025-10-08 20:30
Core Viewpoint - Zenta Group Company Limited successfully completed its initial public offering (IPO) with the full exercise of the over-allotment option, raising a total of $6.9 million from the sale of 1,725,000 ordinary shares at a price of $4.00 per share [1]. Group 1: Offering Details - The underwriters exercised their over-allotment option to purchase an additional 225,000 ordinary shares, resulting in additional gross proceeds of $900,000 [1]. - The total number of ordinary shares sold in the offering increased to 1,725,000, with gross proceeds reaching $6.9 million before deductions [1]. - The closing of the over-allotment option occurred on October 8, 2025, and the shares began trading on the Nasdaq Capital Market under the symbol "ZGM" on September 9, 2025 [1]. Group 2: Company Background - Zenta Group Company Limited, founded in 2019, is a diversified consulting and fintech solutions provider based in Macau [5]. - The company offers industrial park consultation, business investment consultation, and fintech products and services, primarily targeting clients from China's Greater Bay Area [5]. - Zenta Group aims to strengthen its consultation services while expanding its fintech footprint, focusing on strategic growth [5].
Zenta Group Company Limited Announces Closing of $6.0 Million Initial Public Offering
Globenewswire· 2025-09-10 20:05
Core Viewpoint - Zenta Group Company Limited has successfully completed its initial public offering, raising a total of $6 million by offering 1,500,000 ordinary shares at a price of $4.00 per share, with plans to utilize the proceeds for business expansion and development in various regions [1][3]. Group 1: Offering Details - The initial public offering consisted of 1,500,000 ordinary shares priced at $4.00 each, resulting in gross proceeds of $6 million before expenses [1]. - The underwriters have a 45-day option to purchase an additional 225,000 shares to cover over-allotments at the initial offering price [2]. - The shares began trading on the Nasdaq Capital Market under the symbol "ZGM" on September 9, 2025 [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated towards business growth in Macau, Hong Kong, and Southeast Asia, development of the fintech business, brand development, team expansion, and general corporate purposes [3]. Group 3: Company Background - Zenta Group Company Limited, founded in 2019, is a diversified consulting and fintech solutions provider based in Macau, focusing on industrial park consultation, business investment consultation, and fintech products and services [7]. - The company primarily serves clients from China's Greater Bay Area, assisting them in navigating commercial project approvals and accessing fintech solutions [7].
道元集团(ZGM.US)IPO定价4美元/股 上市首日收跌近8%
Zhi Tong Cai Jing· 2025-09-10 07:08
Group 1 - The core point of the article is that ZGM.US, a Chinese fintech product provider, raised $6 million by issuing 1.5 million shares at a price of $4 each, which is at the lower end of the $4 to $5 price range [1] - ZGM.US began trading on NASDAQ on September 9, experiencing a significant drop of 20% at one point, ultimately closing down 7.75% at $3.69 [1] - The company, based in Macau, initially focused on industrial park and commercial investment consulting services but has shifted towards fintech, which is expected to account for a substantial portion of its revenue in fiscal year 2024 [1] Group 2 - ZGM.US's fintech business includes selling platforms for analyzing customer credit risk and consumer behavior, as well as acting as an intermediary distributor for fintech products from its supplier Guo Yan [1] - Cathay Securities served as the exclusive underwriter for this IPO transaction [1]
美股异动 | 道元集团(ZGM.US)IPO定价4美元/股 上市首日收跌近8%
智通财经网· 2025-09-10 07:07
Core Viewpoint - Daoyuan Group (ZGM.US), a Chinese fintech product provider, raised $6 million by issuing 1.5 million shares at $4 each, which is at the lower end of the $4 to $5 price range [1] Company Overview - Daoyuan Group is a professional service provider based in Macau, initially focused on industrial park and commercial investment consulting services [1] - The company began developing its fintech business in the second half of 2023, which is expected to account for a significant portion of its revenue in fiscal year 2024 [1] Financial Technology Business - Daoyuan Group's fintech offerings include platforms for analyzing customer credit risk and consumer behavior [1] - The company acts as an intermediary distributor for fintech products from its supplier, Guo Yan [1] IPO Details - The company's common stock started trading on NASDAQ on September 9, experiencing a significant drop of 20% at one point, ultimately closing down 7.75% at $3.69 [1] - Cathay Securities served as the exclusive underwriter for this IPO transaction [1]
道元集团完成纳斯达克上市,募资600万美元
Sou Hu Cai Jing· 2025-09-10 07:00
Core Insights - Zenta Group Company Limited successfully went public on NASDAQ with an IPO price of $4 per share, raising a total of $6 million by issuing 1.5 million shares. The stock opened at $4.35 but closed at $3.69, reflecting a decline of 7.75% on its first trading day, with a total market capitalization of $42.74 million [1][3]. Company Overview - Zenta Group is a professional service provider specializing in industrial park consulting and commercial investment consulting. The company has recently expanded into the fintech sector, which now constitutes a significant portion of its revenue [3][9]. - The fintech business of Zenta Group is divided into two main segments: a platform for analyzing customer credit risk and consumer behavior, and acting as an intermediary distributor for fintech products [3]. Financial Performance - For the fiscal years ending September 30, 2023, and 2024, Zenta Group reported revenues of $863,000 and $2.031 million, respectively. Net profit increased from $419,000 to $799,000 during the same period [9]. - In the fiscal year 2024, fintech service fees (including algorithms and big data) accounted for 67.6% of total revenue, highlighting its importance as the primary revenue source for the company [9].
道元集团 Zenta Group,成功在美国纳斯达克上市
Xin Lang Cai Jing· 2025-09-10 05:14
Group 1 - Zenta Group Company Limited successfully listed on NASDAQ under the ticker symbol ZGM on September 9, 2025, raising $6 million by issuing 1.5 million shares at an offering price of $4 per share [2][4] - The company filed a confidential registration statement with the SEC on May 3, 2024, and publicly disclosed its prospectus on January 6, 2025 [2] - As of the first trading day, ZGM closed at $3.69 per share, down 7.75%, with a market capitalization of approximately $42.74 million [13] Group 2 - Founded in 2019, Zenta Group is a diversified consulting and fintech solutions provider based in Macau, focusing on industrial park consulting, business investment consulting, and fintech products and services [4] - The company primarily supports clients from the Greater Bay Area of China, assisting them with project approvals, equity investment opportunities, and access to fintech solutions [4] - Zenta Group aims for strategic growth by enhancing its consulting services while continuously expanding its footprint in the fintech sector [4]
Zenta Group Company Limited Announces Pricing of Initial Public Offering
Globenewswire· 2025-09-09 15:00
Core Viewpoint - Zenta Group Company Limited has announced its initial public offering (IPO) of 1,500,000 ordinary shares at a price of $4.00 per share, aiming for total gross proceeds of $6,000,000, with trading expected to commence on September 9, 2025 under the ticker symbol "ZGM" [1][2]. Group 1: Offering Details - The IPO is priced at $4.00 per share, with total gross proceeds anticipated to be $6,000,000 before expenses [1]. - The company has granted underwriters a 45-day option to purchase an additional 225,000 shares to cover over-allotments [1]. - The offering is being conducted on a firm commitment basis and is expected to close around September 10, 2025, pending customary closing conditions [2]. Group 2: Use of Proceeds - Proceeds from the offering will be utilized for business growth in Macau, Hong Kong, and Southeast Asia, development of the fintech business, brand development, team expansion, and general corporate purposes [2]. Group 3: Company Background - Zenta Group Company Limited, founded in 2019, is a diversified consulting and fintech solutions provider based in Macau, focusing on industrial park consultation, business investment consultation, and fintech products and services [6]. - The company primarily serves clients from China's Greater Bay Area, assisting them in navigating commercial project approvals and accessing fintech solutions [6].