Over - allotment Option

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GRANDE GROUP LIMITED ANNOUNCES FULL EXERCISE OF UNDERWRITER'S OVER-ALLOTMENT OPTION
GlobeNewswire News Room· 2025-07-14 15:35
Hong Kong, July 14, 2025 (GLOBE NEWSWIRE) -- GRANDE GROUP LIMITED (“GRAN” or the “Company”) (Nasdaq: GRAN), 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 full exercise of the over-allotment option (the “Over-allotment”) by the underwriter (the “Underwriter”) of its initial public offering (the “Offering”) to purchase an addit ...
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]
Pet Valu Holdings Ltd. Announces Closing of C$22.5 Million Full Exercise of Over-Allotment Option
Globenewswire· 2025-05-21 12:42
Core Points - Pet Valu Holdings Ltd. announced the closing of a secondary bought deal offering of 5,200,000 common shares at a price of C$28.85 per share, with an additional 780,000 shares purchased through the over-allotment option, resulting in gross proceeds of approximately C$172.5 million for the selling shareholders [1][2] Group 1: Offering Details - The offering was led by RBC Capital Markets and CIBC Capital Markets, along with a syndicate of underwriters including Barclays Capital Canada, Desjardins Securities Inc., Jefferies Securities, Inc., National Bank Financial Inc., Raymond James Ltd., TD Securities Inc., UBS Securities Canada Inc., and ATB Securities Inc [3] - All net proceeds from the offering have been paid directly to the selling shareholders, with the company not receiving any proceeds from the offering or the over-allotment option [2] Group 2: Shareholder Information - Following the offering, the selling shareholders beneficially own a total of 19,969,450 common shares, representing approximately 29% of the outstanding common shares [2] Group 3: Company Overview - Pet Valu is Canada's leading retailer of pet food and pet-related supplies, operating over 800 corporate-owned or franchised locations across the country [6] - The company offers more than 10,000 competitively-priced products, including exclusive, holistic, and award-winning proprietary brands [6]
MASTERBEEF GROUP Announces Closing of Partial Exercise of Over-Allotment Option in its Initial Public Offering
Globenewswire· 2025-05-16 20:05
Hong Kong, May 16, 2025 (GLOBE NEWSWIRE) -- MasterBeef Group (the “Company”), a full-service restaurant group in Hong Kong, specializing in Taiwanese hotpot and Taiwanese barbecue, today announced today that it has issued an additional 155,000 ordinary shares (the "Ordinary Shares") at a price of US$4.00 per share for gross proceeds of approximately $620,000, before deducting underwriter discounts and other related expenses, pursuant to the partial exercise of the underwriter's over-allotment option in conn ...
Concorde International Group Announces Underwriter’s Full Exercise and Closing of Over-allotment Option
Globenewswire· 2025-05-02 20:05
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 ...