GRANDE GROUP LIMITED ANNOUNCES FULL EXERCISE OF UNDERWRITER’S OVER-ALLOTMENT OPTION

Core Viewpoint - Grande Group Limited has successfully completed the over-allotment option of its initial public offering, raising additional funds to support its corporate finance advisory and asset management services [1][2]. Group 1: Offering Details - The over-allotment option allowed the underwriter to purchase an additional 281,250 Class A ordinary shares at a public offering price of US$5.00 per share, resulting in gross proceeds of US$1,406,250 [1][2]. - The total gross proceeds from the initial public offering increased to approximately US$10.78 million before deducting underwriting discounts and other offering expenses [2]. Group 2: Use of Proceeds - The company plans to utilize the net proceeds from the offering to strengthen its corporate finance advisory business, develop its asset management business, establish equity capital market services, and for general working capital purposes [3]. Group 3: Legal and Regulatory Framework - The offering was conducted on a firm commitment basis, with Cathay Securities, Inc. serving as the underwriter and various legal counsels involved for compliance with U.S. and Hong Kong regulations [4][5]. - The offering was made under the company's Registration Statement on Form F-1, which was declared effective by the U.S. Securities and Exchange Commission on June 30, 2025 [5]. Group 4: Company Overview - 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 [7].