Core Viewpoint - Zenta Group Company Limited successfully completed its initial public offering (IPO) with the full exercise of the over-allotment option, raising a total of $6.9 million from the sale of 1,725,000 ordinary shares at a price of $4.00 per share [1]. Group 1: Offering Details - The underwriters exercised their over-allotment option to purchase an additional 225,000 ordinary shares, resulting in additional gross proceeds of $900,000 [1]. - The total number of ordinary shares sold in the offering increased to 1,725,000, with gross proceeds reaching $6.9 million before deductions [1]. - The closing of the over-allotment option occurred on October 8, 2025, and the shares began trading on the Nasdaq Capital Market under the symbol "ZGM" on September 9, 2025 [1]. Group 2: Company Background - Zenta Group Company Limited, founded in 2019, is a diversified consulting and fintech solutions provider based in Macau [5]. - The company offers industrial park consultation, business investment consultation, and fintech products and services, primarily targeting clients from China's Greater Bay Area [5]. - Zenta Group aims to strengthen its consultation services while expanding its fintech footprint, focusing on strategic growth [5].
Zenta Group Company Limited Announces Full Exercise of Over-Allotment Option