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          PRNewsWire
          3 months ago
         
        
          Bluemount Holdings Limited Announces Partial Exercise of Underwriters' Over-Allotment Option in Connection with its Initial Public Offering
        
        
          HONG KONG , July 30, 2025 /PRNewswire/ -- Bluemount Holdings Limited (Nasdaq: BMHL) ("Bluemount" or the "Company"), a Hong Kong-based consulting and advisory and financial services provider, as well as trader of commodities such as luxury timepieces, today announced that the underwriter of its initial public offering (the "Offering") has partially exercised their over-allotment options to purchase an additional 140,000 Class B Ordinary Shares at the public offering price of $4.00 per share, resulting in additional gross proceeds of $560,000. After giving effect to the partial exercise of the over-allotment option, the total number of shares sold by the Company in the Offering increased to 1,515,000 Class B Ordinary Shares and the total gross proceeds from the Offering increased to $6,060,000, prior to deducting underwriting discounts and other offering expenses.