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Aureus Greenway Holdings Inc. Announces Pricing of Initial Public Offering and Listing on the Nasdaq Capital Market
Kissimmee, FL, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (the “Company”) (NASDAQ: AGH), an owner and operator of daily fee golf country
About this update from Aureus Greenway Holdings Inc.
[{"type":"text","content":"Kissimmee, FL, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (the “Company”) (NASDAQ: AGH), an owner and operator of daily fee golf country clubs in the state of Florida, announced today the pricing of its initial public offering (the “Offering”) of 3,750,000 shares of its common stock at public offering price of $4.00 per share to the public, for a total of $15,000,000 of gross proceeds, before deducting underwriting discounts and other offering expenses. The Company is offering 3,000,000 shares of common stock and certain selling stockholders are offering in aggregate 750,000 shares of common stock. The Company will not receive any proceeds from any sale of shares by the selling stockholders. The shares of common stock of the Company are expected to begin trading on the Nasdaq Capital Market on February 12, 2025, under the ticker symbol “AGH.” The Offering is expected to close on February 13, 2025, subject to the satisfaction of customary closing conditions. The Offering is being conducted on a firm commitment basis. Dominari Securities, LLC is acting as lead underwriter, with Revere Securities LLC acting as the co-underwriter. Ortoli Rosenstadt LLP is acting as U.S. securities counsel to the Company, and Sichenzia Ross Ference Carmel LLP is acting as U.S. securities counsel to the underwriters, in connection with the Offering. A registration statement on Form S-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333- 280340), as amended, and was declared effective by the SEC on November 12, 2024. Subsequently, the Company filed post-effective amendments Nos. 1, 2, 3, 4, and 5 to the S-1 on December 19, 2024, January 3, 2025, January 3, 2025, January 10, 2025 and January 13, 2025 respectively; the post-effective amendment No.5 was declared effective by the SEC on February 10, 2025. The Offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering, when available, may be obtained from Dominari Securities LLC by email at [email protected], by standard mail to Dominari Securities LLC, 725 Fifth Avenue, 23rd Floor, New York, NY 10022, or by calling (212) 393-4500. In addition, copies of the final prospectus relating to the Offering, when available, may...