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Stock impact report

Galaxy Payroll Group Limited Announces Pricing of Its Initial Public Offering

Galaxy Payroll Group Limited - Ordinary Shares (GLXG) 
Company Research Source: GlobeNewswire
Hong Kong, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Galaxy Payroll Group Limited (the “Company” or “GLXG”), a reputable payroll outsourcing service, employment service and consultancy and market research service provider based in Hong Kong, today announced the pricing of its initial public offering (the "Offering") of 1,750,000 ordinary shares (the "Ordinary Shares") at a public offering price of $4.00 per share for total gross proceeds of $7,000,000, before deducting underwriting discounts and other offering expenses. The Ordinary Shares have been approved for listing on the Nasdaq Capital Market and are expected to begin trading on September 12, 2024, under the ticker symbol "GLXG". The Company has granted the underwriter an option, exercisable within 45 days from the effective date of certain Registration Statement (as defined below), to purchase up to an additional 262,500 Ordinary Shares at the initial public offering price, less underwriting discounts, to cover over-allotments, i Show less Read more
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