CTRL Group Limited Announces Full Exercise of Underwriter's Over-Allotment Option
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 27 2025
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Source: Newsfilter
IPO Success: CTRL Group Limited has successfully raised $9.2 million through its initial public offering (IPO) by issuing 2,300,000 ordinary shares at $4.00 each, with R.F. Lafferty & Co., Inc. exercising an over-allotment option for an additional 300,000 shares.
Company Overview: The company specializes in integrated marketing and advertising services for mobile games in Hong Kong, holding a significant market share and providing services to mobile game developers.
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.
