Initial Public Offering (IPO)
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SuRo Capital Corp. Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-06 20:05
Core Insights - SuRo Capital reported a net asset value of $6.66 per share as of March 31, 2025, a slight decrease from $6.68 per share at the end of 2024 and $7.17 per share a year earlier [1][10][33] - The company highlighted significant market volatility in recent months, with the Nasdaq experiencing its weakest first quarter since 2022 and its worst week since 2020 [2][3] - Despite market challenges, SuRo Capital noted strong momentum in its portfolio, including CoreWeave's completion of the largest tech IPO since 2021 and OpenAI's $40 billion financing round at a $300 billion valuation [2][3] Financial Performance - For the first quarter of 2025, SuRo Capital reported a net investment loss of $3.7 million, or $(0.16) per share, compared to a loss of $3.2 million, or $(0.13) per share, in the same period of 2024 [10][30][33] - The total investment income for the quarter was approximately $499,094, a significant decrease from $1,528,091 in the previous year [30] - The company experienced a net change in unrealized appreciation of investments amounting to $2.9 million, contrasting with a depreciation of $18.4 million in the prior year [12][30] Investment Portfolio - As of March 31, 2025, SuRo Capital held investments in 37 portfolio companies, with a total fair value of approximately $213.6 million [4][10] - The top five investments accounted for about 46% of the total portfolio's fair value, with notable investments including ARK Type One Deep Ventures Fund LLC and Whoop, Inc. [5][4] - Recent investments included a $5 million stake in Plaid, a fintech platform, and a $1 million follow-on investment in WHOOP [3][9] Market Conditions and Strategy - The company remains committed to supporting innovative private companies despite challenging market conditions [3] - SuRo Capital's strategy includes backing high-growth sectors such as AI infrastructure and fintech, aiming to provide access to emerging private companies before they go public [24] - The company anticipates that shares of CoreWeave will be registered and freely tradable by September 2025, which may enhance liquidity for its investments [7][10]
Concorde International Group Announces Underwriter’s Full Exercise and Closing of Over-allotment Option
Globenewswire· 2025-05-02 20:05
Core Points - Concorde International Group Ltd. has successfully completed its initial public offering (IPO) with the underwriter exercising the over-allotment option, resulting in the sale of an additional 187,500 Class A ordinary shares at a price of US$4.00 per share, generating gross proceeds of $750,000 [1] - The total number of Class A ordinary shares sold in the IPO has increased to 1,437,500, with total gross proceeds reaching $5,750,000 before underwriting discounts and commissions [1] - The Class A ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol "CIGL" on April 22, 2025 [2] Company Overview - Concorde International Group Ltd. is a Singapore-based company specializing in integrated security solutions and facilities management services, established in 1997 [5] - The company has transitioned from traditional security services to a technology-driven approach, utilizing advanced systems such as CCTV, sensors, and mobile command vehicles to enhance operational efficiency and reduce reliance on physical guards [5]
Chagee Holdings Limited Announces Exercise and Closing of Underwriters’ Option to Purchase Additional American Depositary Shares
Globenewswire· 2025-05-01 12:30
SHANGHAI, May 01, 2025 (GLOBE NEWSWIRE) -- Chagee Holdings Limited (NASDAQ:CHA) (“Chagee” or the “Company”), a leading premium tea drinks brand serving healthy and delicious freshly-made tea drinks, today announced the Underwriters of its previously announced U.S. initial public offering (the “Offering”) have exercised their over-allotment option to purchase an additional 2,202,598 American Depositary Shares (“ADSs”) at an initial public offering price of US$28.00 per ADS, resulting in additional gross proc ...
Happy City Holdings Ltd-A(HCHL) - Prospectus(update)
2025-04-29 18:47
As filed with the U.S. Securities and Exchange Commission on April 29, 2025. Registration No. 333-285856 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ AMENDMENT NO. 2 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 __________________________________ Happy City Holdings Limited (Exact name of registrant as specified in its charter) __________________________________ British Virgin Islands 5812 Not Applicable (State or other juri ...
Phoenix Asia Holdings Limited Announces Closing of Its Initial Public Offering
Globenewswire· 2025-04-28 20:30
Core Viewpoint - Phoenix Asia Holdings Limited has successfully closed its initial public offering, raising a total of $6.4 million by offering 1,600,000 ordinary shares at a price of $4.00 per share, with trading commencing on Nasdaq Capital Market under the ticker symbol "PHOE" [1] Group 1: Offering Details - The offering closed on April 28, 2025, and shares began trading on April 25, 2025 [1] - The underwriters have an option to purchase an additional 240,000 ordinary shares within 45 days from the closing date to cover over-allotments [2] - The offering was conducted on a firm commitment basis, with D. Boral Capital LLC serving as the sole book-running manager [3] Group 2: Use of Proceeds - The company plans to allocate 35% of the proceeds for hiring additional staff, 15% for acquiring innovative machinery, 10% for enhancing its brand "Winfield," and 40% for working capital and other general corporate purposes [4] Group 3: Company Background - Phoenix Asia Holdings Limited is a substructure contractor in Hong Kong, recognized for its craftsmanship and high standards in safety and customer satisfaction [7] - The company operates primarily through its wholly-owned subsidiary, Winfield Engineering (Hong Kong) Limited, which specializes in substructure works including site formation and foundation works [8]
Max Resource Reports High-Grade Iron Ore (Fe) Results from Florália Hematite DSO Project in Minas Gerais, Brazil
Newsfile· 2025-04-22 12:00
Highlights FL-001: 69.5% Fe at 81% recovery from 59.7% 6mm fraction sample (1500,2500,7500 Guass) FL-002: 66.9% Fe at 73% recovery from 59.7% 6mm fraction sample (1500, 2500,7500 Guass) FL-003: 68.7% Fe at 78% recovery from 64.9% 2mm fraction sample (1500,2500,7500 Guass) FL-004: 61.8% Fe at 76% recovery from 57.5% 12mm fraction sample (2500,7500 Guass) FL-005: 60.2% Fe at 78% recovery from 46.2% 6mm faction sample (1500,2500,7500 Guass) FL-006: 59.3% Fe at 67% recovery from 47.8% 2mm fraction sample (1500, ...
Happy City Holdings Ltd-A(HCHL) - Prospectus(update)
2025-04-14 15:24
As filed with the U.S. Securities and Exchange Commission on April 14, 2025. Registration No. 333-285856 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ AMENDMENT NO. 1 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 __________________________________ Happy City Holdings Limited (Exact name of registrant as specified in its charter) __________________________________ British Virgin Islands 5812 Not Applicable (State or other juri ...
Grande Group Ltd-A(GRAN) - Prospectus(update)
2025-04-09 16:04
As filed with the U.S. Securities and Exchange Commission on April 9, 2025 Registration No. 333-283705 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 3 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ Grande Group Limited (Exact name of registrant as specified in its charter) _____________________________________ | British Virgin Islands | 6199 | Not Applicable | | --- | --- | --- | | (State or other jurisdiction ...
Caring Brands(CABR) - Prospectus(update)
2025-04-07 10:12
As filed with the Securities and Exchange Commission on April 7, 2025. Registration No. 333-285964 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 To FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CARING BRANDS, INC. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Nevada 2844 99-4103908 (I.R.S. Employer Identification Number) ...
Smart Digital Group Ltd(SDM) - Prospectus(update)
2025-03-21 18:03
As filed with the U.S. Securities and Exchange Commission on March 21, 2025 Registration No. 333-283152 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ AMENDMENT NO. 4 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ Smart Digital Group Limited (Exact name of registrant as specified in its charter) ____________________ Not Applicable (Translation of Registrant's name into English) | Cayman Islands | 7380 | Not Applicable | ...