MICE solutions (event management and stage production)

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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]
BUUU Group Limited Announces Partial Exercise of Underwriter's Over-Allotment Option
GlobeNewswire News Room· 2025-09-03 20:30
Hong Kong, Sept. 03, 2025 (GLOBE NEWSWIRE) -- BUUU Group Limited (Nasdaq: BUUU) (the “Company”), an established meetings, incentives, conferences and exhibitions (“MICE”) solutions provider based in Hong Kong , today announced the partial exercise of the over-allotment option (the “Over-Allotment”) by the underwriter (the “Underwriter”) of its initial public offering (the “Offering”) to purchase an additional 175,000 Class A ordinary shares (the “Class A Ordinary Shares”) of the Company at the public offer ...
BUUU Group Limited Announces Closing of $6 million Initial Public Offering
GlobeNewswire News Room· 2025-08-15 21:00
Core Viewpoint - BUUU Group Limited has successfully completed its initial public offering, raising $6 million through the sale of 1,500,000 Class A ordinary shares at $4.00 each, with potential additional proceeds if the over-allotment option is exercised [1][2][3] Group 1: Offering Details - The Class A Ordinary Shares began trading on the Nasdaq Capital Market under the symbol "BUUU" on August 14, 2025 [2] - The company has granted underwriters a 45-day option to purchase an additional 225,000 Class A Ordinary Shares, which could increase total gross proceeds to $6.90 million if fully exercised [2] - The offering was conducted on a firm commitment basis, with Dominari Securities LLC as the representative of the underwriters [4] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for enhancing brand recognition, strengthening marketing initiatives, expanding service offerings, integrating advanced technologies, and entering the U.S. and Southeast Asia markets [3] Group 3: Company Overview - BUUU Group Limited is a premier MICE solutions provider based in Hong Kong, offering comprehensive services in event management and stage production [7] - The company serves a diverse clientele, including public institutions, marketing firms, real estate corporations, and established brands, focusing on delivering innovative and high-quality experiences [7]
BUUU Group Limited Announces Closing of $6 million Initial Public Offering
Globenewswire· 2025-08-15 21:00
Core Viewpoint - BUUU Group Limited has successfully completed its initial public offering, raising $6 million through the sale of 1,500,000 Class A ordinary shares at $4.00 each, with potential additional proceeds if the over-allotment option is exercised [1][2][3] Group 1: Offering Details - The Class A Ordinary Shares began trading on the Nasdaq Capital Market under the symbol "BUUU" on August 14, 2025 [2] - The company has granted underwriters a 45-day option to purchase an additional 225,000 shares, which could increase total gross proceeds to $6.90 million if fully exercised [2] - The offering was conducted on a firm commitment basis, with Dominari Securities LLC as the lead underwriter [4] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for enhancing brand recognition, strengthening marketing initiatives, expanding service offerings, integrating advanced technologies, and entering the U.S. and Southeast Asia markets [3] Group 3: Company Background - BUUU Group Limited is a premier MICE solutions provider based in Hong Kong, offering comprehensive services in event management and stage production [7] - The company serves a diverse clientele, including public institutions, marketing firms, real estate corporations, and established brands, focusing on delivering innovative and high-quality experiences [7]