BUUU Group Limited Announces Pricing of $6 million Initial Public Offering and Listing on Nasdaq
Initial Public Offering Announcement: BUUU Group Limited has priced its initial public offering of 1,500,000 Class A ordinary shares at $4.00 each, with trading expected to begin on Nasdaq under the symbol "BUUU" on August 14, 2025.
Use of Proceeds and Underwriters: The company anticipates raising $6 million from the offering, which will be used for brand enhancement, marketing, service expansion, and market entry into the U.S. and Southeast Asia, with Dominari Securities LLC acting as the lead underwriter.
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BUUU Group Limited Reveals Partial Utilization of Underwriter's Over-Allotment Option
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.
BUUU Group Limited Announces Closing of $6 million Initial Public Offering
Initial Public Offering Announcement: BUUU Group Limited successfully closed its initial public offering of 1,500,000 Class A ordinary shares at $4.00 each, raising $6 million in gross proceeds, with trading commencing on Nasdaq under the symbol "BUUU."
Use of Proceeds and Future Plans: The company plans to utilize the net proceeds for brand enhancement, marketing initiatives, service expansion, technology integration, and market expansion into the U.S. and Southeast Asia.