Baiya International Group Inc Stock Price, News & Analysis

Baiya International Group (NASDAQ:BIYA), a HR technology company, has signed a strategic merger agreement to acquire Dubai-based STARFISH TECHNOLOGY-FZE, marking BIYA's transformation into digital assets and Web3 technology. The acquisition includes UpTop.Meme, a decentralized liquidity protocol built on BNB Chain.

The merger is expected to contribute $15 million in additional profit. UpTop.Meme's recent presale demonstrated strong market traction, with a $1.5 million allocation filled in six minutes, attracting over 100,000 unique wallet addresses and generating $11 million in oversubscription. The platform previously partnered with Four.Meme, the largest launchpad on BNB Chain.

The transaction is subject to due diligence completion, with detailed terms and financing arrangements to be announced later.

Baiya International Group (NASDAQ:BIYA), a cloud-based HR technology company, has reported strong growth momentum following its March 2025 IPO. The company's core operating entity, Gongwuyuan, projects revenue exceeding RMB 300 million and profits over RMB 25 million for 2025.

The company has experienced growth across its core business areas, including flexible employment, project outsourcing, and digital HR solutions. BIYA plans to continue its expansion through platform upgrades, AI technology integration in recruitment, and a new nationwide channel strategy.

Baiya International Group (NASDAQ: BIYA), a cloud-based HR technology company, announced that its IPO underwriters Cathay Securities and Revere Securities are partially waiving lock-up restrictions for 2.95 million ordinary shares held by four major shareholders: Datong, Hesheng, Hongfeng, and Yilong International Group. The waiver becomes effective on June 5, 2025, allowing these shares to be sold from that date forward. The lock-up period will remain in effect for the remaining restricted shares from the company's initial public offering of 2.5 million shares. BIYA specializes in providing crowdsourcing recruitment and SaaS-enabled HR solutions through its platform.

Baiya International Group (NASDAQ: BIYA), a cloud-based HR technology company, reported strong fiscal year 2024 results. The company achieved revenue growth of 10.7% to $12.8 million, with project outsourcing services accounting for 99.7% of total revenue. Gross profit increased 75.4% to $1.4 million, and the company turned around from a net loss of $1.1 million in 2023 to a net income of $6,687 in 2024. The improvement was driven by successful partnerships with major customers like Zhaoqing Branch of China Postal Group Limited. Operating expenses decreased by 11.7% to $1.3 million. The company recently completed its IPO in March 2025, raising $10 million by offering 2.5 million shares at $4.00 per share. Cash position strengthened to $1.7 million by year-end 2024, compared to $0.03 million in 2023.

Baiya International Group (NASDAQ: BIYA) has successfully completed its Initial Public Offering (IPO), raising $10 million in gross proceeds through the sale of 2,500,000 ordinary shares at $4.00 per share. Trading began on the Nasdaq Capital Market on March 21, 2025.

The company granted underwriters a 45-day option to purchase an additional 375,000 shares at $4.00 per share, potentially increasing total gross proceeds to $11.5 million. The IPO proceeds will fund the development of their Gongwuyuan Platform, a cloud-based solution for crowdsourcing recruitment and SaaS-enabled HR services, along with business expansion, marketing initiatives, employee compensation, and general corporate purposes.

Cathay Securities served as the lead underwriter, with Revere Securities as co-underwriter in this firm commitment offering.

Baiya International Group (BIYA) has announced the pricing of its initial public offering (IPO) of 2,500,000 ordinary shares at $4.00 per share, aiming to raise approximately $10 million in gross proceeds. The company has also granted underwriters a 45-day option to purchase up to 375,000 additional shares.

Trading is scheduled to commence on the Nasdaq Capital Market under the symbol 'BIYA' on March 21st, 2025, with the offering expected to close on March 24th, 2025. Cathay Securities is serving as the lead underwriter, with Revere Securities as co-underwriter.

The offering is being conducted on a firm commitment basis and follows the company's Registration Statement on Form F-1 being declared effective by the SEC on March 6, 2025.