Samfine Creation Holdings Group Limited Announced Full Exercise of Underwriter’s Over-Allotment Option
Samfine Creation Holdings Group Limited - Ordinary Share (SFHG)
Company Research
Source: GlobeNewswire
Hong Kong, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Samfine Creation Holdings Group Limited (Nasdaq: SFHG) (the “Company”), a one-stop printing service provider, today announced that the underwriters of its previously announced initial public offering (the “Offering”) have exercised their over-allotment option in full to purchase an additional 300,000 ordinary shares at the public offering price of $4.00 per share, resulting in additional gross proceeds of $1.2 million. After giving effect to the full exercise of the over-allotment option, the total number of ordinary shares sold by the Company in the Offering increased to 2,300,000 ordinary shares and the gross proceeds increased to $9.2 million, before deducting underwriting discounts and other related expenses. The option closing date was October 25, 2024. The ordinary shares began trading on the Nasdaq Capital Market on October 15, 2024 under the symbol “SFHG.” The Company intends to use the net proceeds for strengthening of its
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