Initial Public Offering (IPO)

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Empro Group Inc. Announces Closing of its Upsized $5.5 Million Initial Public Offering
Globenewswire· 2025-07-03 20:00
Core Points - Empro Group Inc. has successfully closed its initial public offering, raising approximately $5.5 million by offering 1,375,000 ordinary shares at $4.00 per share [1] - The shares began trading on the Nasdaq Capital Market under the ticker symbol "EMPG" on July 2, 2025 [1] - The underwriter, R.F. Lafferty & Co., Inc., has an option to purchase an additional 206,250 shares to cover over-allotments within 45 days [1] Company Overview - Empro Group Inc. is a beauty and personal care brand based in Malaysia, evolving from its origins in eyebrow embroidery to a trusted name in cosmetics, skincare, and healthcare [5] - The company aims to provide accessible, quality self-care solutions and has a growing presence in Southeast Asia and Europe [5]
NMP Acquisition Corp. Announces Closing of $100 Million Initial Public Offering
Globenewswire· 2025-07-02 18:44
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]
GRANDE GROUP LIMITED ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING
Globenewswire· 2025-07-01 15:00
Core Viewpoint - Grande Group Limited has announced the pricing of its initial public offering (IPO) of 1,875,000 Class A ordinary shares at $5.00 per share, aiming to raise approximately $9.375 million before expenses [1][3]. Group 1: Offering Details - The Class A Ordinary Shares are set to begin trading on the Nasdaq Capital Market under the ticker symbol "GRAN" on July 1, 2025, with the offering expected to close on July 2, 2025, pending customary closing conditions [2]. - The company has granted underwriters a 45-day option to purchase an additional 281,250 Class A Ordinary Shares at the offering price, representing 15% of the shares sold in the offering [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to strengthen the corporate finance advisory business, develop the asset management business, establish equity capital market services, and for general working capital purposes [4]. Group 3: Company Background - Grande Group Limited, through its subsidiary Grande Capital Limited, provides corporate finance advisory services and IPO sponsor services and is licensed by the Securities and Futures Commission of Hong Kong for regulated activities [8].
NMP Acquisition Corp. Announces Pricing of $100 Million Initial Public Offering
Globenewswire· 2025-07-01 00:44
Company Overview - NMP Acquisition Corp. is a blank check company, also known as a special purpose acquisition company (SPAC), formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [5]. Initial Public Offering (IPO) Details - The company announced the pricing of its initial public offering of 10,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one right [1]. - Each right entitles the holder to receive one-fifth (1/5) of one Class A ordinary share upon consummation of the company's initial business combination [1]. - The offering is expected to close on July 2, 2025, subject to customary closing conditions [2]. - Maxim Group LLC is acting 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]. Trust Account and Fund Management - $10.00 per unit will be deposited into a trust account, with up to $300,000 of interest earned on the funds potentially released to fund working capital requirements [1]. - The company may also withdraw interest earned on the trust to pay income and franchise taxes, if applicable [1]. Trading Information - The units are expected to trade on the Nasdaq Global Market under the ticker symbol "NMPAU" beginning on July 1, 2025 [1]. - Once the securities begin separate trading, the Class A ordinary shares and rights are expected to trade under the symbols "NMP" and "NMPAR," respectively [1]. Regulatory Compliance - A registration statement on Form S-1 relating to the securities to be sold in the initial public offering was declared effective by the U.S. Securities and Exchange Commission on June 30, 2025 [3]. - The offering is being made only by means of a prospectus, which can be obtained from Maxim Group LLC or accessed on the SEC's website [3].
GDS Announces the Launch of an Initial Public Offering for its C-REIT on the Shanghai Stock Exchange
Globenewswire· 2025-06-26 10:00
Core Viewpoint - GDS Holdings Limited has received approval from the China Securities Regulatory Commission and Shanghai Stock Exchange to launch an initial public offering for its China REIT, which will involve the sale of stabilized data center assets [1][2]. Group 1: IPO Details - The transaction includes the sale of 100% equity interest in a project company that holds stabilized data center assets to a newly formed C-REIT [2]. - GDS will subscribe for 20% of the units issued by the C-REIT, while 80% will be subscribed by institutional and retail investors [2]. - 50% of the units have been pre-placed with cornerstone institutional investors, who have lock-up commitments ranging from one to three years [2]. Group 2: Valuation and Offering Process - The appraised valuation of the underlying data center assets for the C-REIT is approximately RMB 1,933 million [3]. - The final offering price for the C-REIT units will be determined after the institutional bookbuilding process, expected to conclude in about one week [3]. - The transaction is anticipated to close within the next few weeks, subject to certain closing conditions [3]. Group 3: Company Overview - GDS Holdings Limited is a leading developer and operator of high-performance data centers in China, strategically located in primary economic hubs [4]. - The company offers co-location and a suite of value-added services, including managed hybrid cloud services and managed network services [4]. - GDS has a 24-year track record of service delivery, catering to a diverse customer base that includes hyperscale cloud service providers, large internet companies, and financial institutions [4].
Bit Digital, Inc. Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering of WhiteFiber Inc.
Prnewswire· 2025-06-25 20:05
NEW YORK, June 25, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), today announced that its wholly-owned HPC subsidiary, WhiteFiber Inc. ("WhiteFiber"), has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of WhiteFiber's ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been deter ...
Kandal M Venture Limited Announces Pricing of Initial Public Offering and Listing on Nasdaq
Globenewswire· 2025-06-25 15:14
Core Viewpoint - Kandal M Venture Limited has successfully priced its initial public offering (IPO) of 2,000,000 Class A ordinary shares at $4.00 per share, with trading expected to commence on June 25, 2025, under the symbol "FMFC" [1]. Group 1: Offering Details - The IPO is set to close on June 26, 2025, pending customary closing conditions [1]. - The company has granted underwriters a 45-day option to purchase an additional 300,000 Class A ordinary shares at the offering price [2]. - The offering is being conducted on a firm commitment basis, with Dominari Securities LLC as the representative underwriter and Revere Securities LLC as the co-underwriter [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for expanding the customer base into key markets, particularly in Europe [1]. - The funds will also enhance production capacity and establish a new design and development center to improve product development capabilities [1]. - Additional working capital and general corporate purposes will also be funded through the proceeds [1]. Group 3: Company Overview - Kandal M Venture Limited is a contract manufacturer specializing in affordable luxury leather goods, with manufacturing operations based in Cambodia [6]. - The company primarily produces a variety of handbags and smaller leather goods, including wallets [6].
Happy City Holdings Limited Announces Pricing of $5.5 million Initial Public Offering and Listing on Nasdaq
Globenewswire· 2025-06-23 20:30
Core Viewpoint - Happy City Holdings Limited is set to launch its initial public offering (IPO) with the pricing of 1,100,000 Class A ordinary shares at $5.00 per share, aiming to raise approximately $5.5 million before expenses [1][3]. Group 1: Offering Details - The Class A Ordinary Shares are expected to begin trading on the Nasdaq Capital Market under the symbol "HCHL" on June 24, 2025, with the offering closing on June 25, 2025, pending customary conditions [2]. - The company has granted underwriters a 45-day option to purchase an additional 165,000 Class A Ordinary Shares, which could increase gross proceeds to approximately $6.325 million if exercised [3]. - The offering is being conducted on a firm commitment basis, with Dominari Securities LLC as the lead underwriter [5]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for business expansion in Hong Kong and Southeast Asia, as well as for working capital and general corporate purposes [4]. Group 3: Company Overview - Happy City Holdings Limited operates three all-you-can-eat hotpot restaurants in Hong Kong, offering a unique dining experience with mixed style, Shabu Shabu-style, and Thai-style specialty hotpot [8].
Enigmatig Limited Announces Closing of US$15 Million Initial Public Offering, Including Exercise of Over-allotment Option
Globenewswire· 2025-06-20 20:30
NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) -- Enigmatig Limited (NYSE American: EGG) ("Enigmatig" or the "Company"), an international consultancy firm providing one-stop cross-border licensing solutions and related services, today announced that it has completed its previously announced initial public offering (the "IPO") and the sole bookrunner, on behalf of the underwriters, has exercised the over-allotment opinion in part to purchase an additional 160,000 shares of common stock from the Company at the IPO ...
Vantage Corp Announces Full Exercise of Underwriters’ Over-Allotment Option in Connection with its Initial Public Offering
Globenewswire· 2025-06-18 20:05
Core Viewpoint - Vantage Corp successfully completed its initial public offering (IPO), raising a total of $14,950,000 after the underwriter exercised the over-allotment option for additional shares at $4.00 each [1][2]. Company Overview - Vantage Corp, founded in 2012, specializes in shipbroking services, providing brokerage, consultancy, and operational support in the tanker market, including clean and dirty petroleum products, biofuels, and vegetable oils [7]. - The company operates in key locations such as Singapore and Dubai, acting as an intermediary between oil companies, traders, shipowners, and commercial managers [7]. IPO Details - The IPO involved the sale of 3,737,500 Class A Ordinary Shares, with the offering price set at $4.00 per share [2]. - The offering was conducted under a registration statement filed with the U.S. Securities and Exchange Commission (SEC), which became effective on June 11, 2025 [4]. - Network 1 Financial Securities, Inc. served as the sole managing underwriter for the offering [3].