Core Viewpoint - Zenta Group Company Limited has successfully completed its initial public offering, raising a total of $6 million by offering 1,500,000 ordinary shares at a price of $4.00 per share, with plans to utilize the proceeds for business expansion and development in various regions [1][3]. Group 1: Offering Details - The initial public offering consisted of 1,500,000 ordinary shares priced at $4.00 each, resulting in gross proceeds of $6 million before expenses [1]. - The underwriters have a 45-day option to purchase an additional 225,000 shares to cover over-allotments at the initial offering price [2]. - The shares began trading on the Nasdaq Capital Market under the symbol "ZGM" on September 9, 2025 [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated towards business growth in Macau, Hong Kong, and Southeast Asia, development of the fintech business, brand development, team expansion, and general corporate purposes [3]. Group 3: Company Background - Zenta Group Company Limited, founded in 2019, is a diversified consulting and fintech solutions provider based in Macau, focusing on industrial park consultation, business investment consultation, and fintech products and services [7]. - The company primarily serves clients from China's Greater Bay Area, assisting them in navigating commercial project approvals and accessing fintech solutions [7].
Zenta Group Company Limited Announces Closing of $6.0 Million Initial Public Offering