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Rich Sparkle Holdings Limited Announces Closing of Approximately $5 Million Initial Public Offering
Globenewswire· 2025-07-09 20:30
Company Overview - Rich Sparkle Holdings Limited is a financial printing and corporate services provider specializing in high-quality financial print materials in Hong Kong [7] - The company's service portfolio includes listing documents, financial reports, fund documents, circulars, and announcements, along with advisory services such as internal control assessments and ESG performance evaluations [7] Initial Public Offering (IPO) Details - The company closed its initial public offering of 1,250,000 ordinary shares at a public offering price of $4.00 per share, resulting in total gross proceeds of $5 million before underwriting discounts and commissions [1] - The offering was conducted on a firm commitment basis, with Eddid Securities USA Inc. acting as the underwriter [3] - The ordinary shares commenced trading on the Nasdaq Capital Market under the ticker symbol "ANPA" on July 8, 2025 [2] Use of Proceeds - Proceeds from the offering will be allocated for incorporating generative AI features into service modules, establishing new branches and offices in the U.S., recruiting staff for expansion, forming strategic alliances, and general corporate purposes [1]
Rich Sparkle Holdings Limited Announces Pricing of Approximately $5 Million Initial Public Offering
Globenewswire· 2025-07-07 20:30
Hong Kong, July 07, 2025 (GLOBE NEWSWIRE) -- Rich Sparkle Holdings Limited (NASDAQ: ANPA) (the “Company”), a financial printing and corporate services provider which specializes in designing and printing high quality financial print materials in Hong Kong, today announced the pricing of its initial public offering (“Offering”) of 1,250,000 ordinary shares at a public offering price of $4.00 per share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commenc ...