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GlobeNewsWire
9 months ago
Ming Shing Group Holdings Limited Announces Closing of the Underwriter's Over-Allotment Option in Connection with its Initial Public Offering
Hong Kong, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Ming Shing Group Holdings Limited (the “Company” or “Ming Shing”), (NASDAQ: MSW), a Hong Kong based company mainly engaged in wet trades works whose mission it is to become the leading wet trades works service provider in Hong Kong, today announced that it closed the sale of an additional 225,000 ordinary shares of the Company, pursuant to the 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 $5.50 per share, less underwriting discounts. As a result, the Company has raised aggregate gross proceeds of $9,487,500, including the previously announced IPO gross proceeds of $8,250,000, prior to deducting underwriting discounts and commissions and estimated offering expenses payable by the Company.