Etoiles Capital Group Co., Ltd Announces Closing of Underwriters' Over-Allotment Option in Connection with Initial Public Offering

Core Viewpoint - Etoiles Capital Group Co., Ltd has successfully closed the sale of an additional 210,000 Class A ordinary shares at the IPO price of $4.00 per share, raising a total of $6,440,000 from the Offering [1][2]. Group 1: Offering Details - The Offering included the full exercise of the underwriters' over-allotment option and was conducted on a firm commitment basis [1][3]. - Prime Number Capital, LLC served as the representative underwriter and sole book-runner for the Offering [3]. - The gross proceeds from the Offering consist of $5,600,000 from the initial IPO and $6,440,000 from the additional shares sold [1][2]. Group 2: Use of Proceeds - Proceeds from the Offering will be allocated towards business expansion, technology infrastructure, strategic marketing, and general corporate purposes [2]. Group 3: Regulatory Information - A registration statement on Form F-1 was filed with the U.S. Securities and Exchange Commission (SEC) and declared effective on August 7, 2025 [4]. - The final prospectus related to the Offering was also filed with the SEC on August 7, 2025, and is available through various channels [4]. Group 4: Company Overview - Etoiles Capital Group Co., Ltd operates as a Cayman Islands holding company through its Hong Kong subsidiary, providing comprehensive financial advisory and capital markets services [7].