GRANDE GROUP LIMITED ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING

Core Viewpoint - Grande Group Limited has announced the pricing of its initial public offering (IPO) of 1,875,000 Class A ordinary shares at $5.00 per share, aiming to raise approximately $9.375 million before expenses [1][3]. Group 1: Offering Details - The Class A Ordinary Shares are set to begin trading on the Nasdaq Capital Market under the ticker symbol "GRAN" on July 1, 2025, with the offering expected to close on July 2, 2025, pending customary closing conditions [2]. - The company has granted underwriters a 45-day option to purchase an additional 281,250 Class A Ordinary Shares at the offering price, representing 15% of the shares sold in the offering [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to strengthen the corporate finance advisory business, develop the asset management business, establish equity capital market services, and for general working capital purposes [4]. Group 3: Company Background - Grande Group Limited, through its subsidiary Grande Capital Limited, provides corporate finance advisory services and IPO sponsor services and is licensed by the Securities and Futures Commission of Hong Kong for regulated activities [8].