Welcome to our dedicated page for MEGAN HLDGS news (Ticker: MGN), a resource for investors and traders seeking the latest updates and insights on MEGAN HLDGS stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MEGAN HLDGS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MEGAN HLDGS's position in the market.
Megan Holdings Limited (NASDAQ:MGN), a Malaysia-based aquaculture farm development and maintenance company, has successfully completed its Initial Public Offering (IPO) of 1,250,000 ordinary shares at $4.00 per share, raising gross proceeds of $5 million.
The company's shares began trading on the Nasdaq Capital Market on September 26, 2025. Underwriters have a 45-day option to purchase up to 187,500 additional shares for over-allotments. The proceeds will fund sales and marketing initiatives, M&A opportunities, development of their "Smart Farming System," and general working capital.
Megan Holdings Limited (NASDAQ:MGN), a Malaysia-based aquaculture farm development company, 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 $5 million in gross proceeds before deducting expenses.
The shares will begin trading on September 26, 2025 on the Nasdaq Capital Market under the symbol "MGN". Underwriters have a 45-day option to purchase up to 187,500 additional shares for over-allotments. The IPO proceeds will fund sales and marketing, M&A opportunities, development of their Smart Farming System, and general working capital.
D. Boral Capital LLC is serving as the sole book-running manager for this firm commitment offering, which is expected to close around September 29, 2025.
FAQ
What is the current stock price of MEGAN HLDGS (MGN)?
What is the market cap of MEGAN HLDGS (MGN)?
