BUUU Group Limited Reveals Partial Utilization of Underwriter's Over-Allotment Option
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 03 2025
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Source: Globenewswire
Company Overview: BUUU Group Limited, a Hong Kong-based MICE solutions provider, announced the partial exercise of an over-allotment option for its initial public offering, resulting in the issuance of 175,000 Class A ordinary shares at $4.00 each.
Financial Details: The over-allotment generated gross proceeds of $700,000, increasing the total proceeds from the offering to $6.7 million, which will be used for brand enhancement, marketing, service expansion, and market entry into the U.S. and Southeast Asia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
