CCH Holdings Ltd Announces Full Exercise of Over-Allotment Option

Rhea-AI Summary

CCH Holdings Ltd (NASDAQ: CCHH) announced that underwriters fully exercised the over-allotment option on October 17, 2025, adding 187,500 ordinary shares at the public offering price of US$4.00 per share for additional gross proceeds of US$750,000.

After the exercise, the Company sold a total of 1,437,500 ordinary shares and total gross proceeds increased to US$5,750,000, before estimated underwriting discounts, commissions and offering expenses. The Offering originally closed October 6, 2025; CCHH began trading on Nasdaq on October 3, 2025.

Positive

• Additional gross proceeds of US$750,000 from over-allotment
• Total gross proceeds increased to US$5,750,000
• Total ordinary shares sold rose to 1,437,500
• Nasdaq listing commenced on October 3, 2025 under CCHH

Negative

• Underwriting discounts, commissions and offering expenses will reduce net proceeds

Insights

Capital Markets Analyst

CCH Holdings completed full greenshoe, raising an extra US$750,000 and increasing total offering gross proceeds to US$5,750,000.

The exercise of the Over-Allotment Option by the underwriters increased shares sold to 1,437,500 and closed on October 17, 2025. This action converts the previously announced Offering into its fully subscribed size and delivers immediate gross proceeds that the company can use for stated purposes.

Key dependencies and risks include the net proceeds after underwriting discounts and offering expenses, which reduce cash available; the press release lists those deductions but gives no net figure. Watch for the company\'s next SEC filings and any disclosure of net proceeds use and cash runway within the next several quarters, particularly filings that quantify post-offering cash and planned capital allocation.

BUKIT MERTAJAM, MALAYSIA, Oct. 17, 2025 (GLOBE NEWSWIRE) -- CCH Holdings Ltd (the “Company”), a Malaysia-based specialty hotpot restaurant chain, today announced that the underwriters of its previously announced initial public offering (the “Offering”), which closed on October 6, 2025, have exercised their over-allotment option (the “Over-Allotment Option”) in full to purchase an additional 187,500 ordinary shares at the public offering price of US$4.00 per ordinary share resulting in additional gross proceeds of US$750,000, before deducting the estimated underwriting discounts and commissions, non-accountable expense allowance, and estimated offering expenses payable by the Company. After giving effect to the full exercise of the Over-Allotment Option, the total number of ordinary shares sold by the Company in the Offering increased to 1,437,500 ordinary shares and the gross proceeds increased to US$5,750,000, before deducting the estimated underwriting discounts and commissions, non-accountable expense allowance, and estimated offering expenses payable by the Company. The closing of the exercise of the Over-Allotment Option occurred on October 17, 2025. The Company’s ordinary shares began trading on the Nasdaq Capital Market under the symbol “CCHH” on October 3, 2025.

The Offering was conducted on a firm commitment basis. Cathay Securities, Inc. acted as the representative of the underwriters to the Offering. Hogan Lovells acted as U.S. counsel to the Company, and Lucosky Brookman LLP acted as U.S. counsel to Cathay Securities, Inc., in connection with the Offering.

A registration statement on Form F-1 relating to the Offering (File No. 333-289878), as amended, was filed with the Securities and Exchange Commission (“SEC”) and was declared effective by the SEC. The Offering was made only by means of a prospectus, forming a part of the registration statement. A final prospectus relating to the Offering was filed with the SEC and are 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: service@cathaysecurities.com.

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 constitute an offer to sell, or the solicitation of an offer to buy, or will there be any sale of the Company’s securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About CCH Holdings Ltd

CCH Holdings Ltd commenced operations in 2015 with roots in George Town, Penang, Malaysia. The Company is one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. The Company offer catering services in Malaysia and outside Malaysia mainly under two brands, namely Chicken Claypot House (鸡煲之家) for our chicken hotpot restaurants and Zi Wei Yuan (紫薇园) for our fish head hotpot restaurants through a combination of company-owned restaurant outlets and franchised restaurant outlets.

For more information, please visit the Company’s website: https://ir.chickenclaypothouse.com.my

Cautionary Note Regarding Forward-Looking Statements

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the description of the proposed offering in this announcement contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: (i) the Company’s goals and strategies; (ii) the Company’s future business development, financial condition, and results of operations; (iii) general economic and business conditions in Malaysia; and (iv) the outlook of specialty hotpot market in Malaysia, Southeast Asia, Hong Kong, Taiwan, and the U.S., including competition, government policies and regulations. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

CCH Holdings Ltd

Investor Relations

Email: cch_ir@cchasia.com.my

FAQ

What did CCH Holdings (CCHH) announce on October 17, 2025?

The company announced full exercise of the over-allotment option, adding 187,500 shares and US$750,000 gross proceeds.

How many shares did CCH Holdings sell in the Offering after the over-allotment?

After the over-allotment, CCH Holdings sold a total of 1,437,500 ordinary shares.

What were the total gross proceeds for CCH Holdings (CCHH) after the over-allotment?

Total gross proceeds increased to US$5,750,000, before underwriting discounts and offering expenses.

At what price were the additional CCHH over-allotment shares sold?

The additional 187,500 shares were sold at the public offering price of US$4.00 per share.

When did the over-allotment closing occur for CCH Holdings (CCHH)?

The closing of the over-allotment exercise occurred on October 17, 2025.

When did CCH Holdings begin trading on Nasdaq under the symbol CCHH?

CCH Holdings’ ordinary shares began trading on the Nasdaq Capital Market under CCHH on October 3, 2025.