Welcome to our dedicated page for Mega Fortune Company news (Ticker: MGRT), a resource for investors and traders seeking the latest updates and insights on Mega Fortune Company stock.
Mega Fortune Company Limited (NASDAQ: MGRT) is an Internet of Things ("IoT") solution provider in Hong Kong whose ordinary shares trade on The Nasdaq Capital Market. The company, through its operating subsidiary QBS System Limited, focuses on IoT Integration Solution Services, IoT Maintenance and Support services, Business Process Outsourcing ("BPO") services and trading sales across various industries.
This news page aggregates announcements and disclosures related to Mega Fortune’s business and its status as a foreign private issuer. Readers can find coverage of capital markets events such as the pricing and closing of the company’s initial public offering of ordinary shares on The Nasdaq Capital Market. These items provide context on how MGRT became a publicly traded company and the structure of its offering.
In addition to offering-related updates, the news feed may reflect information that the company furnishes to investors through press releases and Form 6-K filings. For example, Mega Fortune has announced financial results for part of its fiscal year via a press release furnished as an exhibit to a Form 6-K. It has also reported changes in its independent director and changes in its independent registered public accounting firms, which are relevant to corporate governance and financial reporting.
By reviewing the news associated with MGRT, investors and observers can see how Mega Fortune describes its IoT platform, tools and services, its business service portfolio and its vision to become a preferred IoT solutions choice for enterprises and projects in the Asia-Pacific region. This page offers a centralized view of company-issued updates and related market disclosures over time.
Mega Fortune Company Limited (NASDAQ:MGRT), a Hong Kong-based IoT solution provider, has successfully completed its Initial Public Offering (IPO) on the Nasdaq Capital Market. The company offered 3,750,000 ordinary shares at $4.00 per share, raising aggregate gross proceeds of $15 million before deducting underwriting costs and related expenses.
The shares began trading on July 16, 2025, under the ticker symbol "MGRT". The underwriter, D. Boral Capital LLC, has a 45-day option to purchase up to 562,500 additional ordinary shares at the public offering price. The IPO was conducted on a firm commitment basis, with legal representation from FisherBroyles, LLP and Jun He Law Offices LLC.
Mega Fortune Company (NASDAQ:MGRT), a Hong Kong-based IoT solution provider, has announced the pricing of its $15 million initial public offering. The company is offering 3,750,000 ordinary shares at $4.00 per share and will begin trading on the Nasdaq Capital Market on July 16, 2025.
The IPO includes a 45-day option for the underwriter to purchase up to an additional 562,500 ordinary shares at the public offering price. D. Boral Capital LLC is serving as the sole book-running manager for this firm commitment offering, which is expected to close around July 17, 2025.
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