BUUU Group Limited Announces Partial Exercise of Underwriter’s Over-Allotment Option

Core Points - BUUU Group Limited, a Hong Kong-based MICE solutions provider, announced the partial exercise of the over-allotment option for its initial public offering, resulting in the issuance of an additional 175,000 Class A ordinary shares at a price of US$4.00 per share [1][2] - The total gross proceeds from the offering increased to US$6.7 million, before deducting underwriting discounts and expenses [2] Financial Details - The over-allotment closing generated aggregate gross proceeds of US$700,000 [2] - The Class A Ordinary Shares began trading on the Nasdaq Capital Market on August 14, 2025, under the symbol "BUUU" [2] Use of Proceeds - The company plans to utilize the net proceeds for enhancing brand recognition, strengthening marketing initiatives, expanding service offerings, integrating advanced technologies, and expanding into the U.S. and Southeast Asia markets [3] Offering Details - The offering was conducted on a firm commitment basis with Dominari Securities LLC as the representative underwriter, and Revere Securities LLC and Pacific Century Securities LLC as co-underwriters [4] - The offering was conducted under the company's Registration Statement on Form F-1, which was declared effective by the U.S. Securities and Exchange Commission on August 13, 2025 [5] Company Overview - BUUU Group Limited is a premier MICE solutions provider, offering a comprehensive portfolio designed to meet diverse client needs in event management and stage production [7]