Business
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
About this update from Zenta Group Company Limited
[{"type":"text","content":"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. The Offering was being conducted on a firm commitment basis. Cathay Securities, Inc. acted as the representative of the underwriters to the Offering. Loeb & Loeb LLP acted as U.S. counsel to the Company, and Hunter Taubman Fischer & Li LLC acted as U.S. counsel to Cathay Securities, Inc. A registration statement on Form F-1 relating to the Offering (File No. 333-284140), as amended, was filed with the Securities and Exchange Commission (“SEC”) and was declared effective by the SEC on September 5, 2025. The Offering is being made only by means of a prospectus, forming a part of the registration statement. A final prospectus relating to the Offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Electronic copies of the final prospectus relating to this Offering, when available, may be obtained from Cathay Securities, Inc., 40 Wall St Suite 3600, New York, NY 10005, Telephone: +1 (855) 939-3888; Email: [email protected]. Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release shall not consti...