Neo-Concept International Group Holdings Limited Announces Closing 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 - NCI announced the closing of its public offering on February 11, 2026, of 14,850,000 Class A ordinary shares at a public offering price of $0.5454 per share [1] - Gross proceeds from the offering, before deducting placement agent fees and other expenses, were approximately $8.1 million, which the company intends to use for business expansion and general working capital [2] Environmental Commitment - NCI is dedicated to minimizing its environmental footprint by implementing various eco-friendly practices, prioritizing recycling, clean processes, and traceable sourcing [8] - The company actively seeks sustainable solutions throughout the garment production process to meet customer needs in an environmentally responsible manner [8]