Over - Allotment Option

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BUUU Group Limited Announces Partial Exercise of Underwriter’s Over-Allotment Option
Globenewswire· 2025-09-03 20:30
Core Points - BUUU Group Limited, a Hong Kong-based MICE solutions provider, announced the partial exercise of the over-allotment option for its initial public offering, resulting in the issuance of an additional 175,000 Class A ordinary shares at a price of US$4.00 per share [1][2] - The total gross proceeds from the offering increased to US$6.7 million, before deducting underwriting discounts and expenses [2] Financial Details - The over-allotment closing generated aggregate gross proceeds of US$700,000 [2] - The Class A Ordinary Shares began trading on the Nasdaq Capital Market on August 14, 2025, under the symbol "BUUU" [2] Use of Proceeds - The company plans to utilize the net proceeds for enhancing brand recognition, strengthening marketing initiatives, expanding service offerings, integrating advanced technologies, and expanding into the U.S. and Southeast Asia markets [3] Offering Details - The offering was conducted on a firm commitment basis with Dominari Securities LLC as the representative underwriter, and Revere Securities LLC and Pacific Century Securities LLC as co-underwriters [4] - The offering was conducted under the company's Registration Statement on Form F-1, which was declared effective by the U.S. Securities and Exchange Commission on August 13, 2025 [5] Company Overview - BUUU Group Limited is a premier MICE solutions provider, offering a comprehensive portfolio designed to meet diverse client needs in event management and stage production [7]
Bluemount Holdings Limited Announces Partial Exercise of Underwriters' Over-Allotment Option in Connection with its Initial Public Offering
Prnewswire· 2025-07-30 20:30
Company Overview - Bluemount Holdings Limited is a Hong Kong-based consulting and advisory and financial services provider, as well as a trader of commodities such as luxury timepieces [6] - The company offers comprehensive consulting and advisory services on business development strategies and focuses on underwriting, securities dealing, brokerage, and asset management services [6] Initial Public Offering (IPO) Details - The underwriter of Bluemount's IPO has partially exercised their over-allotment options to purchase an additional 140,000 Class B Ordinary Shares at a public offering price of $4.00 per share, resulting in additional gross proceeds of $560,000 [1] - After the partial exercise, the total number of shares sold in the Offering increased to 1,515,000 Class B Ordinary Shares, with total gross proceeds rising to $6,060,000 before deducting underwriting discounts and other expenses [2] - The Offering was conducted under the company's registration statement on Form F-1, which was filed with the U.S. Securities and Exchange Commission (SEC) on March 17, 2025, and declared effective on June 30, 2025 [3] Trading Information - Bluemount's Class B Ordinary Shares began trading on the Nasdaq Capital Market on July 11, 2025, under the symbol "BMHL" [2] - Dominari Securities LLC acted as the representative of the underwriters, with Pacific Century Securities, LLC and Revere Securities LLC serving as co-underwriters [2]
Indigo Acquisition Corp. Announces Closing of Full Over-Allotment Option
Globenewswire· 2025-07-11 20:00
Group 1 - The Company, Indigo Acquisition Corp., has completed the sale of 1,500,000 units under the over-allotment option from its initial public offering, generating additional gross proceeds of $15,000,000 at a price of $10.00 per unit [1] - The Company's units are listed on the Nasdaq Global Market under the ticker symbol "INACU," with each unit consisting of one ordinary share and one right entitling the holder to receive one-tenth of one ordinary share upon completion of a business combination [1] - The Company is a Cayman exempt company formed as a blank check company, focusing on mergers and acquisitions with established, profitable companies that have growth potential [2] Group 2 - EarlyBirdCapital, Inc. served as the book-running manager for the offering, while IB Capital acted as co-manager [3] - A registration statement for the securities was filed with the SEC and declared effective on June 30, 2025 [4]
MASTERBEEF GROUP Announces Closing of Partial Exercise of Over-Allotment Option in its Initial Public Offering
Globenewswire· 2025-05-16 20:05
Core Viewpoint - MasterBeef Group has successfully issued an additional 155,000 ordinary shares at a price of US$4.00 per share, raising approximately $620,000 to support its expansion and operational initiatives [1] Group 1: Company Overview - MasterBeef Group is a full-service restaurant group based in Hong Kong, specializing in Taiwanese hotpot and Taiwanese barbecue [5] - The company operates 12 restaurant outlets under the Master Beef and Anping Grill brands through its Hong Kong Operating Subsidiaries [5] Group 2: Financial Details - The additional shares were issued as part of the partial exercise of the underwriter's over-allotment option related to the company's initial public offering [1] - The ordinary shares began trading on the Nasdaq Capital Market on April 10, 2025, under the ticker symbol "MB" [1] Group 3: Use of Proceeds - The net proceeds from the offering will be utilized for: - Expansion of the restaurant network, including new outlets and franchising in Hong Kong and Southeast Asia [1] - Marketing and branding campaigns to enhance customer base and brand strength [1] - Production and sale of semi-finished food products, such as packaged hotpot soup base and marinated food products [1] - Investment in technology solutions for table service, inventory management, and order processing, along with IT system upgrades [1] - General corporate purposes to support business development and strategic direction [1]
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]