HAMILTON, Bermuda, July 2, 2025 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) announces today its plans for a public offering seeking to raise $100 million in gross proceeds though an offering of approximately 50 million shares.The Company plans to use the proceeds from the offering for general corporate purposes, which may include debt service, capital expenditures and funding of working capital.DNB Carnegie, Clarksons Securities, Citigroup and Goldman Sachs & Co. LLC are joint bookrun ...

BEIJING, July 02, 2025 (GLOBE NEWSWIRE) -- Julong Holding Limited (“Julong” or the “Company”) (Nasdaq: JLHL), a growth-oriented provider of intelligent integrated solutions, today announced that, in connection with its previously completed initial public offering (the "Offering") of its Class A ordinary shares, the underwriter has exercised its over-allotment option in full to purchase an additional 187,500 Class A ordinary shares at the public offering price from the Company, bringing additional gross proc ...

NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- Indigo Acquisition Corp. (the “Company”) announced today that it closed its initial public offering of 10,000,000 units at $10.00 per unit. The offering resulted in gross proceeds to the Company of $100,000,000. The Company’s units are listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “INACU.” Each unit consists of one ordinary share and one right entitling its holder to receive one tenth of one ordinary share upon the Company’s compl ...

PHILADELPHIA, PA, July 02, 2025 (GLOBE NEWSWIRE) -- Cohen Circle Acquisition Corp. II (NASDAQ:CCIIU) (the “Company”) today announced the closing of its initial public offering of 25,300,000 units, which includes 3,300,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $253,000,000. The Company’s units began trading on the Nasdaq Global Market (“Nasdaq”) on July 1, 2025 under the tic ...

Core Points - NMP Acquisition Corp. has successfully closed its initial public offering (IPO) of 10,000,000 units at a price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one right [1] - The units began trading on the Nasdaq Global Market under the ticker symbol "NMPAU" on July 1, 2025, and the Class A ordinary shares and rights are expected to trade under the symbols "NMP" and "NMPAR" respectively once they begin separate trading [1] - Maxim Group LLC served as the sole book-running manager for the Offering and has been granted a 45-day option to purchase up to 1,500,000 additional units to cover over-allotments [2] Company Overview - NMP Acquisition Corp. is a blank check company, also known as a special purpose acquisition company (SPAC), established to facilitate mergers, amalgamations, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses [5]

Hong Kong, July 02, 2025 (GLOBE NEWSWIRE) -- GRANDE GROUP LIMITED (“GRAN” or the “Company”), a Hong Kong-based financial services provider which principally engages in the provision of corporate finance advisory services and IPO sponsor services through its Hong Kong subsidiary, Grande Capital Limited, today announced the closing of its initial public offering (the “Offering”) of 1,875,000 Class A ordinary shares (the “Class A Ordinary Shares”) at the price of $5.00 per share (the “Offering Price”). The Cl ...

Selangor, Malaysia, July 02, 2025 (GLOBE NEWSWIRE) -- Empro Group Inc. (the “Company” or “EMPG”), a rising beauty and personal care brand headquartered in Malaysia, today announced the pricing of its initial public offering (the "Offering") of 1,375,000 ordinary shares (the "Ordinary Shares") at a public offering price of $4.00 per share for total gross proceeds of approximately $5,500,000, before deducting underwriting discounts and other offering expenses. The Ordinary Shares have been approved for listin ...

Core Viewpoint - GDS Holdings Limited has successfully priced its China REIT (C-REIT) IPO at RMB 3.00 per unit, with significant oversubscription and substantial gross proceeds expected from the offering [1][2]. Group 1: IPO Details - The C-REIT's final offering price was determined after an institutional bookbuilding process that was 166 times oversubscribed [1]. - A total of 800,000,000 units will be issued, resulting in gross proceeds of RMB 2,400 million [1]. Group 2: Financial Metrics - At the final offering price, the implied EV/EBITDA is 16.9 times based on projected EBITDA for 2026 of RMB 141.8 million [2]. - The implied dividend yield per unit is 5.2% based on projected cash flow available for distribution for 2026 of RMB 124.8 million [2]. Group 3: Transaction and Cash Flow - GDS will sell a 100% equity interest in a project company holding stabilized data center assets for an enterprise value of approximately RMB 2,319 million [3]. - Upon completion of the sale, GDS will receive net cash proceeds of approximately RMB 2,111 million and de-consolidate about RMB 62 million of net debt [3]. - GDS plans to reinvest RMB 480 million to acquire 20% of the units issued by the C-REIT in the IPO [3]. Group 4: Operational Agreement - GDS will continue to manage the underlying data center assets under a services agreement, earning approximately RMB 5 million in recurring annual fee income [4]. Group 5: Company Overview - GDS Holdings Limited is a leading developer and operator of high-performance data centers in China, strategically located in major economic hubs [5]. - The company offers a range of services including co-location, managed hybrid cloud services, and has a diverse customer base including hyperscale cloud service providers and large corporations [5].

Hong Kong is on track to regain its position as the world’s top fundraising venue for initial public offerings in 2025, according to consulting and accounting firm PwC https://t.co/JjEfpeKsTH ...

NEWTOWN SQUARE, Pa., July 01, 2025 (GLOBE NEWSWIRE) -- ArriVent BioPharma, Inc. (“ArriVent”) (Nasdaq: AVBP), a clinical-stage company dedicated to accelerating the global development of innovative biopharmaceutical therapeutics, today announced that it intends to offer and sell, subject to market and other conditions, $75 million of its shares of common stock and, in lieu of common stock to certain investors, pre-funded warrants to purchase shares of its common stock, in an underwritten public offering. In ...