Business
Enigmatig Limited Announces Closing of US$15 Million Initial Public Offering, Including Exercise of Over-allotment Option
NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) -- Enigmatig Limited (NYSE American: EGG) ("Enigmatig" or the "Company"), an international consultancy firm providing one-stop cross-border licensing solutions and related services, today announced that it has completed its previously announced initial public offering (the "IPO") and the sole bookrunner, on behalf of the underwriters, has exercised the over-allotment opinion in part to purchase an additional 160,000 shares of common stock from the Company
About this update from Enigmatig Limited
[{"type":"text","content":"NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) -- Enigmatig Limited (NYSE American: EGG) ("Enigmatig" or the "Company"), an international consultancy firm providing one-stop cross-border licensing solutions and related services, today announced that it has completed its previously announced initial public offering (the "IPO") and the sole bookrunner, on behalf of the underwriters, has exercised the over-allotment opinion in part to purchase an additional 160,000 shares of common stock from the Company at the IPO price of US$5.00 per share.","length":569,"tagName":"p"},{"type":"text","content":"After giving effect to the exercise of the Over-Allotment Option, the total number of Class A ordinary shares sold by the Company in the Offering increased to 3,005,200 Class A ordinary shares and the gross proceeds increased to US$15,026,000 before deducting underwriting discounts and commissions.","length":299,"tagName":"p"},{"type":"text","content":"The offering is being conducted on a firm commitment basis. Prime Number Capital, LLC is acting as the sole bookrunner for the offering.","length":136,"tagName":"p"},{"type":"text","content":"A registration statement relating to these securities has been filed with, and declared effective by, the United States Securities and Exchange Commission ("SEC"). The offering is made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained, when available, from Prime Number Capital, LLC by email at [email protected] or via standard mail to Prime Number Capital, LLC, 12 E 49th St, Floor 27, New York, NY 10017. In addition, a copy of the final prospectus can also be obtained via the SEC’s website at www.sec.gov.","length":570,"tagName":"p"},{"type":"text","content":"This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.","length":351,"tagName":"p"},{"type":"text","content":"About Enigmatig LimitedEnigmatig is an international business enabler that empowers small and medium-sized enterprises to achieve their international ambitions. Sinc...