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Empro Group Inc. Announces Pricing of Its Initial Public Offering
Globenewswireยท2025-07-02 13:35

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 [6] Initial Public Offering (IPO) Details - The company announced the pricing of its initial public offering of 1,375,000 ordinary shares at a public offering price of $4.00 per share, aiming for total gross proceeds of approximately $5,500,000 before deducting underwriting discounts and other expenses [1] - The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to begin trading on July 2, 2025, under the ticker symbol "EMPG" [1] - The offering is expected to close on July 3, 2025, subject to customary closing conditions [2] Underwriting and Legal Counsel - R.F. Lafferty & Co., Inc. acted as the sole underwriter for the offering, with Pryor Cashman LLP serving as U.S. counsel to the company and Sichenzia Ross Ference Carmel LLP acting as U.S. counsel to the underwriter [3] Registration and Prospectus Information - A registration statement on Form F-1 was filed with the U.S. Securities and Exchange Commission and was declared effective on July 1, 2025 [4] - The offering is being made only by means of a prospectus, which can be obtained from the underwriter or via the SEC's website [4]