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GlobeNewsWire
21 days ago
Zenta Group Company Limited Announces Full Exercise of Over-Allotment Option
MACAU, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Zenta Group Company Limited (“Zenta Group” or the “Company”), a Macau-based professional services provider that offers consultation services to industrial park, business investment and sales of fintech products and services, today announced that the underwriters of its previously announced initial public offering (the “Offering”) have exercised their over-allotment option (the “Over-Allotment Option”) in full to purchase an additional 225,000 ordinary shares at the public offering price of $4.00 per share, resulting in additional gross proceeds of $900,000, before deducting underwriting discounts and other related expenses. After giving effect on the full exercise of the Over-Allotment Option, the total number of ordinary shares sold by the Company in the Offering increased to 1,725,000 ordinary shares and the gross proceeds increased to $6.9 million, before deducting underwriting discounts and other related expenses. The closing of the exercise of the Over-Allotment Option occurred on October 8, 2025. The Company's ordinary shares began trading on the Nasdaq Capital Market under the symbol “ZGM” on September 9, 2025.