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Rich Sparkle Holdings Limited (NASDAQ: ANPA), a Hong Kong-based financial printing and corporate services provider, has successfully completed its initial public offering (IPO) of 1,250,000 ordinary shares at $4.00 per share, raising $5 million in gross proceeds.
The shares began trading on the Nasdaq Capital Market on July 8, 2025, under the ticker "ANPA". The company granted underwriters a 45-day option to purchase up to 187,500 additional shares. Eddid Securities USA Inc. served as the underwriter for this firm commitment offering.
The proceeds will fund the integration of generative AI features, U.S. expansion through new branches and staff recruitment, potential strategic alliances, and general corporate purposes.
Rich Sparkle Holdings (NASDAQ: ANPA), a Hong Kong-based financial printing and corporate services provider, has announced the pricing of its initial public offering of 1,250,000 ordinary shares at $4.00 per share. The company expects to raise approximately $5 million in gross proceeds before deducting underwriting costs and related expenses.
Trading is set to commence on July 8, 2025 on the Nasdaq Capital Market under the ticker "ANPA". The proceeds will fund AI feature integration, U.S. expansion through new branches and staff recruitment, strategic industry alliances, and working capital. Eddid Securities USA Inc. is serving as the underwriter for this firm commitment offering.