GLXG

Galaxy Payroll Group Limited Class A Ordinary Shares

GLXG

Market cap $13.4M

Overview Fund Activity

6.18 USD

-0.76

10.95%

At close Updated Sep 15, 4:00 PM EDT

1 day

-10.95%

5 days

43.72%

1 month

23.6%

3 months

27.16%

6 months

-32.68%

Year to date

-39.41%

1 year

-87.2%

5 years

-86.11%

10 years

-86.11%

About: Galaxy Payroll Group Ltd provides payroll outsourcing, employment, consultancy, and market research services based in Hong Kong. Its client base includes retail, trading, industrial, IT, financial, and professional services industries. Geographically, the company derives maximum revenue from its clients in the People's Republic of China and the rest from Hong Kong, Macau, Taiwan, Japan, Thailand, Singapore, and other countries.

Industrials Staffing & Employment Services

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

29% more capital invested

Capital invested by funds: $90.3K [Q1] → $117K (+$26.5K) [Q2]

0.33% more ownership

Funds ownership: 0.83% [Q1] → 1.16% (+0.33%) [Q2]

0% more funds holding

Funds holding: 2 [Q1] → 2 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 1 | Existing positions closed: 1

See Fund Rankings

Financial journalist opinion

Galaxy Payroll Group Limited Announces Closing of the Underwriter's Over-Allotment Option in Connection with its Initial Public Offering

Hong Kong, Oct. 15, 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 that it closed the sales of an additional 262,500 ordinary shares of the Company, representing full exercise of the underwriter's over-allotment option granted in connection with the Company's initial public offering (“IPO”, together with such over-allotment closing, the “Offering”), at the IPO price of $4 per share, less underwriting discounts. As a result, the Company has raised gross proceeds of $1,050,000 in addition to the previously announced IPO gross proceeds of $7,000,000, before deducting underwriting discounts and offering expenses.

Galaxy Payroll Group Limited Announces Closing of the Underwriter's Over-Allotment Option in Connection with its Initial Public Offering

U.S. IPO Weekly Recap: 3 Biotechs Lead Active September IPO Market

Six IPOs debuted this past week, including three deals of more than $100 million. Seven IPOs submitted initial filings. Outparcel REIT FrontView REIT filed to raise $100 million, and Chinese on-demand courier service provider BingEx also filed to raise $100 million. No IPOs are currently scheduled to list in the week ahead, as activity remains somewhat muted in the run-up to the 2024 presidential election.

U.S. IPO Weekly Recap: 3 Biotechs Lead Active September IPO Market

Galaxy Payroll Group Limited Announces Closing of $7 Million Initial Public Offering

Hong Kong, Sept. 13, 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 closing of its initial public offering (the "Offering") of 1,750,000 ordinary shares (the "Ordinary Shares") at an initial 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 Offering closed on September 13, 2024, and the Ordinary Shares began trading on Nasdaq Capital Market 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, if any.

Galaxy Payroll Group Limited Announces Closing of $7 Million Initial Public Offering

Galaxy Payroll Group Limited Announces Pricing of Its Initial Public Offering

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".

Galaxy Payroll Group Limited Announces Pricing of Its Initial Public Offering

See News Rankings

Charts implemented using Lightweight Charts™