Neo-Concept International Group Holdings Limited Announces Pricing of Approximately US$8.1 Million Public Offering of Class A Ordinary Shares

Company Overview - Neo-Concept International Group Holdings Limited (NCI) is a one-stop apparel solution services provider, offering a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management [7] - The company serves customers in the European and North American markets and sells its own branded apparel products under the brand "Les100Ciels" through retail stores in the UK and the UAE, as well as through its e-commerce platform [7] Recent Offering - On February 9, 2026, the company announced the pricing of its public offering of 14,850,000 Class A ordinary shares at a public offering price of $0.5454 per share [1] - Gross proceeds from the offering are expected to be approximately $8.1 million before deducting placement agent fees and other offering expenses, with the offering expected to close on February 11, 2025, subject to customary closing conditions [2] Use of Proceeds - The company intends to utilize the net proceeds from the offering for expanding its business and for general working capital [2] Legal and Regulatory Information - The offering is being made pursuant to a registration statement on Form F-1, which was declared effective by the Securities and Exchange Commission (SEC) on February 9, 2025 [4] - D. Boral Capital LLC is acting as the lead placement agent, and uSmart Securities Limited is acting as a joint placement agent for the offering [3]