Core Viewpoint - WF Holding Limited has successfully completed a partial exercise of the over-allotment option in its initial public offering, resulting in additional gross proceeds of US$960,000, bringing the total gross proceeds to approximately US$8.96 million [1][2]. Group 1: Offering Details - The underwriters purchased an additional 240,000 ordinary shares at a public offering price of US$4.00 per share [1]. - After the partial exercise, the total number of ordinary shares sold increased to 2,240,000 [2]. - The ordinary shares began trading on the Nasdaq Capital Market on March 27, 2025, under the ticker symbol "WFF" [2]. Group 2: Underwriters and Legal Counsel - Dominari Securities LLC acted as the lead underwriter, while Revere Securities LLC served as a co-underwriter for the offering [2]. - Bevilacqua PLLC acted as U.S. counsel to the company, and The Crone Law Group, P.C. acted as U.S. counsel to the underwriters [2]. Group 3: Company Overview - WF Holding Limited is a Malaysia-based manufacturer of fiberglass reinforced plastic (FRP) products, certified under ISO 9001:2015 [5]. - The company has over 30 years of experience in designing and fabricating FRP products, including tanks, pipes, and ducts [5]. - WF Holding focuses on delivering high-quality and durable products that enhance industrial infrastructure resilience and sustainability [5].

NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- Dune Acquisition Corporation II (the “Company”) announced today the pricing of its initial public offering of 12,500,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Global Market (the “Nasdaq”) and trade under the ticker symbol “IPODU” beginning on May 7, 2025. Each unit consists of one Class A ordinary share and three-quarters of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a ...

SuRo Capital Portfolio Investment, CoreWeave, Completes Largest Tech IPO Since 2021 SuRo Capital Portfolio Investment, OpenAI, Closes Largest Venture Raise with $300 Billion Valuation Net Asset Value of $6.66 Per Share as of March 31, 2025 NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- SuRo Capital Corp. (“SuRo Capital”, the “Company”, “we”, “us”, and “our”) (Nasdaq: SSSS) today announced its financial results for the first quarter ended March 31, 2025. Net assets totaled approximately $156.8 million, or $6.66 ...

Singapore, May 02, 2025 (GLOBE NEWSWIRE) -- Concorde International Group Ltd. (NASDAQ: CIGL) (“Concorde” or the “Company”), an integrated security services provider that combines physical manpower and innovative technology to deliver effective security solutions, today announced that the underwriter of the Company’s previously announced initial public offering (the “Offering”) has exercised its over-allotment option (the “Over-Allotment Option”) in full and purchased an additional 187,500 Class A ordinary s ...

New York, NY, May 02, 2025 (GLOBE NEWSWIRE) -- Republic Digital Acquisition Company (the “Company”) announced today the closing of its initial public offering of 30,000,000 units, which includes 3,600,000 units issued pursuant to the exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $300,000,000. The Company’s units began trading on May 1, 2025 on the Nasdaq Global Stock Market LLC (“Nasdaq”) under the ticker symbol “RDAGU ...

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 ...

Core Viewpoint - Financial markets are expected to stabilize and see an increase in mergers and public listings despite current uncertainties [1][9]. Group 1: Market Activity and Expectations - The CEO of Goldman Sachs, David Solomon, believes that financial markets will eventually settle down, leading to an anticipated rise in mergers and initial public offerings (IPOs) [1][6]. - Solomon indicated that the first quarter of 2025 experienced higher capital market activity compared to the same quarter last year, suggesting potential for increased deal-making later in the year if uncertainties do not persist [8]. Group 2: Impact of Policy Uncertainty - Solomon expressed concerns that the current level of policy uncertainty, particularly related to tariffs under President Trump's administration, is negatively affecting economic growth and investment [2][3]. - He noted that as uncertainty grows, capital activity may decline, with corporations potentially increasing layoffs and tightening budgets in anticipation of economic downturns [2][3]. Group 3: Corporate Sentiment - Conversations with CEOs and clients reveal a trend of holding back on investments due to heightened uncertainty, indicating a cautious approach among corporations [3].

New York, NY, April 30, 2025 (GLOBE NEWSWIRE) -- Republic Digital Acquisition Company (the “Company”) announced today the pricing of its upsized initial public offering of 26,400,000 units at a price of $10.00 per unit. The units are expected to be listed on The Nasdaq Global Stock Market LLC (“Nasdaq”) and begin trading on May 1, 2025, under the ticker symbol “RDAGU.” Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to ...

HONG KONG, April 30, 2025 (GLOBE NEWSWIRE) -- Copley Acquisition Corp (NYSE: COPLU) (the “Company”) announced today the pricing of its initial public offering of 15,000,000 units at $10.00 per unit. The units are expected to be listed on the New York Stock Exchange (“NYSE”) and trade under the ticker symbol “COPLU” beginning May 1, 2025. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary sh ...

Group 1 - Digital Asset Acquisition Corp. closed its initial public offering (IPO) of 17,250,000 units at a public offering price of $10.00 per unit, including 2,250,000 units from the underwriters' over-allotment option [1][2] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share [1] - The company also closed a private placement of 5,450,000 warrants at $1.00 per warrant, generating gross proceeds of $5,450,000, with a total of $172,500,000 placed in trust from the IPO and private placement [3] Group 2 - Digital Asset Acquisition Corp. is a blank check company aimed at effecting a merger or similar business combination, specifically targeting opportunities in the digital asset and cryptocurrency sectors [4] - Cohen & Company Capital Markets acted as the lead book-running manager for the offering, while Clear Street LLC served as the joint book-runner [5]