Zenta Group Company Limited Announces Full Exercise of Over-Allotment Option

Rhea-AI Summary

Zenta Group (NASDAQ: ZGM) announced that underwriters have fully exercised the over-allotment option to buy an additional 225,000 ordinary shares at the public offering price of $4.00 per share, generating $900,000 of additional gross proceeds.

After the exercise, total shares sold in the offering rose to 1,725,000 ordinary shares and total gross proceeds increased to $6.9 million, before underwriting discounts and related expenses. The over-allotment closed on October 8, 2025. Zenta began trading on the Nasdaq Capital Market under the symbol ZGM on September 9, 2025. The SEC declared the related Form F-1 effective on September 5, 2025.

Positive

• Additional gross proceeds of $900,000
• Total offering size increased to $6.9 million
• Underwriters purchased 225,000 extra shares, showing demand

Negative

• Issuance increases outstanding offering by 225,000 shares
• Overallotment represents ~13% increase in shares sold

Insights

Equity Capital Markets Analyst

Full exercise of the over‑allotment adds $900,000, raising gross IPO proceeds to $6.9 million.

The underwriters fully exercised the Over‑Allotment Option to purchase an additional 225,000 ordinary shares at the public offering price of $4.00 per share, closing on Oct. 8, 2025. This action increases the total shares sold in the Offering to 1,725,000 and raises gross proceeds to $6.9 million before underwriting discounts and expenses.

This outcome confirms that the Offering cleared the underwriter book allocation and generated sufficient demand to support the greenshoe take‑up; however, net proceeds will be lower after customary discounts and expenses, and dilution to existing shareholders increased by the additional shares. Monitor the final prospectus filing and actual net proceeds in the registration statement to verify fees and use of proceeds disclosures; expect those documents to be available on the SEC website following the declared effective registration on Sept. 5, 2025 and the Company’s Nasdaq start of trading on Sept. 9, 2025.

MACAU, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Zenta Group Company Limited (“Zenta Group” or the “Company”), a Macau-based professional services provider that offers consultation services to industrial park, business investment and sales of fintech products and services, today announced that the underwriters of its previously announced initial public offering (the “Offering”) have exercised their over-allotment option (the “Over-Allotment Option”) in full to purchase an additional 225,000 ordinary shares at the public offering price of $4.00 per share, resulting in additional gross proceeds of $900,000, before deducting underwriting discounts and other related expenses. After giving effect on the full exercise of the Over-Allotment Option, the total number of ordinary shares sold by the Company in the Offering increased to 1,725,000 ordinary shares and the gross proceeds increased to $6.9 million, before deducting underwriting discounts and other related expenses. The closing of the exercise of the Over-Allotment Option occurred on October 8, 2025. The Company’s ordinary shares began trading on the Nasdaq Capital Market under the symbol “ZGM” on September 9, 2025.

The Offering was being conducted on a firm commitment basis. Cathay Securities, Inc. acted as the representative of the underwriters to the Offering. Loeb & Loeb LLP acted as U.S. counsel to the Company, and Hunter Taubman Fischer & Li LLC acted as U.S. counsel to Cathay Securities, Inc.

A registration statement on Form F-1 relating to the Offering (File No. 333-284140), as amended, was filed with the Securities and Exchange Commission (“SEC”) and was declared effective by the SEC on September 5, 2025. The Offering is being made only by means of a prospectus, forming a part of the registration statement. A final prospectus relating to the Offering will be filed with the SEC and will be 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 these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Zenta Group Company Limited

Founded in 2019, Zenta Group Company Limited is a diversified consulting and fintech solutions provider based in Macau. The Company provides industrial park consultation, business investment consultation, and fintech product and service through its operating entities in Macau, China. Zenta Group supports clients—primarily from China’s Greater Bay Area—in navigating commercial project approvals, acquiring equity stakes in targeted opportunities, and accessing fintech solutions. With a focus on strategic growth, the Company aims to strengthen its consultation services while expanding its fintech footprint.

For more information, please visit the Company’s website: https://ir.zenta.mo

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.

For investor and media inquiries, please contact:

Zenta Group
Investor Relations
Email: contact@zenta.mo

FAQ

What did Zenta Group announce on October 8, 2025 regarding ZGM shares?

The company announced full exercise of the over-allotment option to buy 225,000 additional shares at $4.00 per share.

How much additional cash did Zenta Group raise from the over-allotment on October 8, 2025?

The exercise generated $900,000 of additional gross proceeds before underwriting discounts and expenses.

What are Zenta Group’s total shares sold and gross proceeds after the over-allotment?

After the exercise the company sold 1,725,000 ordinary shares, raising $6.9 million in gross proceeds.

When did Zenta Group begin trading as ZGM on Nasdaq?

Zenta’s ordinary shares began trading on the Nasdaq Capital Market under the symbol ZGM on September 9, 2025.

Who acted as representative and counsel for Zenta Group’s offering?

Cathay Securities acted as representative; Loeb & Loeb served as U.S. counsel to the company.

Where can investors find the final prospectus for Zenta Group’s offering?

The final prospectus will be filed with the SEC and available at www.sec.gov and from Cathay Securities upon request.