BUUU Group Limited Announces Closing of $6 million Initial Public Offering

Core Viewpoint - BUUU Group Limited has successfully completed its initial public offering, raising $6 million through the sale of 1,500,000 Class A ordinary shares at $4.00 each, with potential additional proceeds if the over-allotment option is exercised [1][2][3] Group 1: Offering Details - The Class A Ordinary Shares began trading on the Nasdaq Capital Market under the symbol "BUUU" on August 14, 2025 [2] - The company has granted underwriters a 45-day option to purchase an additional 225,000 shares, which could increase total gross proceeds to $6.90 million if fully exercised [2] - The offering was conducted on a firm commitment basis, with Dominari Securities LLC as the lead underwriter [4] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for enhancing brand recognition, strengthening marketing initiatives, expanding service offerings, integrating advanced technologies, and entering the U.S. and Southeast Asia markets [3] Group 3: Company Background - BUUU Group Limited is a premier MICE solutions provider based in Hong Kong, offering comprehensive services in event management and stage production [7] - The company serves a diverse clientele, including public institutions, marketing firms, real estate corporations, and established brands, focusing on delivering innovative and high-quality experiences [7]