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Neo-Concept (Nasdaq: NCI) closes $8.1M Class A share sale

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Form Type
6-K

Rhea-AI Filing Summary

Neo-Concept International Group Holdings Ltd completed a public offering of 14,850,000 Class A ordinary shares at $0.5454 per share, generating approximately $8.1 million in gross proceeds. The shares were issued under an effective Form F-1 registration statement, with the offering pricing and closing on February 9 and February 11, 2026, respectively.

D. Boral Capital LLC acted as lead placement agent and uSmart Securities Limited as joint placement agent, with D. Boral entitled to a 5% cash fee on gross proceeds and up to $100,000 of reimbursed expenses. The company plans to use net proceeds to expand its business and for general administration and working capital.

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Insights

Neo-Concept raises $8.1M in a registered share sale, adding equity capital but diluting existing holders.

Neo-Concept International Group Holdings Ltd completed a best-efforts public offering of 14,850,000 Class A ordinary shares at $0.5454 per share, for gross proceeds of about $8.1 million. The transaction was conducted under an effective Form F-1 registration and involved multiple institutional or other investors as purchasers.

The company engaged D. Boral Capital LLC as lead placement agent and uSmart Securities Limited as joint placement agent. Compensation includes a cash fee of 5.0% of gross proceeds and reimbursement of up to $100,000 of out-of-pocket expenses, which reduces net funds but reflects standard market terms for a smaller-cap equity raise.

The company states it intends to use net proceeds to expand its business and for general administration and working capital, which can support operations and growth initiatives. Actual impact on results and capital structure will depend on how efficiently these funds are deployed and on subsequent business performance as disclosed in future SEC reports.

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FAQ

What did Neo-Concept International Group Holdings Ltd (NCI) announce in its latest 6-K?

Neo-Concept International Group Holdings Ltd announced completion of a public offering of 14,850,000 Class A ordinary shares at $0.5454 per share, raising approximately $8.1 million in gross proceeds. The shares were issued under an effective Form F-1 registration statement.

How much capital did NCI raise and at what price per share?

NCI raised approximately $8.1 million in gross proceeds by selling 14,850,000 Class A ordinary shares at a price of $0.5454 per share. This transaction was structured as a best-efforts public offering through engaged placement agents.

How does Neo-Concept International Group Holdings Ltd plan to use the offering proceeds?

The company states it intends to use the net proceeds from the offering to expand its business and for general administration and working capital. This suggests funds will support ongoing operations as well as growth-related initiatives across its apparel solutions platform.

Who acted as placement agents in NCI’s $8.1 million share offering?

D. Boral Capital LLC served as the lead placement agent, and uSmart Securities Limited acted as joint placement agent. D. Boral is entitled to a 5.0% cash fee on gross proceeds, and the placement agents are reimbursed up to $100,000 of expenses.

Under which SEC registration did Neo-Concept issue these Class A ordinary shares?

The Class A ordinary shares were offered pursuant to a Form F-1 registration statement, file number 333-288993. This registration statement was declared effective by the SEC on February 9, 2026, enabling the registered public offering to proceed.

When were the pricing and closing of NCI’s public offering announced?

The company announced the pricing of the offering on February 9, 2026 and the closing on February 11, 2026. These milestones were communicated through separate press releases furnished as exhibits to the report.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of February, 2026

 

Commission File Number: 333-275242

 

Neo-Concept International Group Holdings Ltd

(Registrant’s Name)

 

10/F, Seaview Centre

No.139-141 Hoi Bun Road

Kwun Tong

Kowloon, Hong Kong

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒       Form 40-F ☐

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

On February 9, 2026, Neo-Concept International Group Holdings Ltd (the “Company”) entered into Securities Purchase Agreements (the “Securities Purchase Agreements”) with several investors named therein (the “Purchasers”), pursuant to which the Company agreed to issue and sell, in a best effort offering (the “Offering”), a total of 14,850,000 Class A Ordinary Shares of par value $0.0003125 per share (the “Class A Ordinary Shares”) at the price of $0.5454 per Class A Ordinary Share. The Securities Purchase Agreement contains customary representations and warranties and agreements of the Company and the Purchasers and customary indemnification rights and obligations of the parties. The Offering was closed on February 11, 2026.

 

The Class A Ordinary Shares were offered pursuant to a registration statement on Form F-1, as amended (Registration No. 333-288993, “Form F-1”) originally filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 28, 2025. The Form F-1 was declared effective on February 9, 2026. The final prospectus was filed on February 11, 2026.

 

The Company engaged D. Boral Capital LLC (“D. Boral”) as the lead placement agent and uSmart Securities Limited as the joint placement agent (“uSmart,” together with D. Boral, the “Placement Agents”) in the Offering pursuant to a Placement Agency Agreement dated February 9, 2026 (the “Placement Agency Agreement”), by and between the Company and the Placement Agents. The Company agreed to pay D. Boral a cash fee equal to five percent (5.0%) of the gross proceeds raised in the Offering. The Company also agreed to reimburse the Placement Agents for its reasonable and documented out-of-pocket costs and expenses of up to $100,000. The Placement Agency Agreement contains customary conditions to closing, representations and warranties of the Company, and termination rights of the parties, as well as certain indemnification obligations of the Company and ongoing covenants for the Company.

 

The Company intends to use the net proceeds of this offering for expanding its business and for general administration and working capital.

 

The foregoing description of the Placement Agency Agreement and the Securities Purchase Agreements qualified in their entirety by reference to the Placement Agency Agreement  and the form of Securities Purchase Agreements, which are attached hereto as Exhibit 10.1 and 10.2, respectively, to this Report of Foreign Private Issuer on Form 6-K (this “Report”), and which are incorporated herein in their entirety by reference.

 

Pursuant to the Offering, on February 9, 2026, the Company issued a press release announcing the pricing of the Offering. A copy of the press release announcing the pricing of the Offering is furnished as Exhibit 99.1 hereto. On February 11, 2026, the Company issued a press release announcing the closing of the Offering. A copy of the press release announcing the closing of the Offering is furnished as Exhibit 99.2 hereto.

 

This Report contains forward-looking statements. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements related to our future activities, future events or conditions. These statements are based on current expectations, estimates and projections about the Company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performances and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors, including those risks discussed in the Registration Statement, and in other documents the Company files from time to time with the Commission. Any forward-looking statements speak only by the date on which they are made, and the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this Report, except as required by law.

 

Financial Statements and Exhibits.

 

The following exhibits are being filed herewith:

 

Exhibit No.   Description
10.1   Placement Agency Agreement dated February 9, 2026
10.2*   Form of Securities Purchase Agreements
99.1   Press Release, dated February 9, 2026
99.2   Press Release, dated February 11, 2026

 

*Previously filed

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Neo-Concept International Group Holdings Ltd
     
Date: February 11, 2026 By: /s/ Eva Yuk Yin Siu
  Name:  Eva Yuk Yin Siu
  Title: Chief Executive Officer, Chairlady of the Board and Director

 

2

Exhibit 99.1

 

Neo-Concept International Group Holdings Limited Announces Pricing of Approximately US$8.1 Million Public Offering of Class A Ordinary Shares

 

Hong Kong, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Neo-Concept International Group Holdings Limited (Nasdaq: NCI) (the “Company”), a one-stop apparel solution services provider, today announced the pricing of its public offering on February 9, 2026 of 14,850,000 Class A ordinary shares at a public offering price of $0.5454 per Class A ordinary share (the “Offering”).

 

Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be approximately $8.1 million. The offering is expected to close on February 11, 2025, subject to customary closing conditions. The Company intends to utilize the net proceeds from the Offering for expanding its business and for general working capital.

 

D. Boral Capital LLC is acting as the lead placement agent and uSmart Securities Limited is acting as joint placement agent (together with D. Boral Capital LLC, the “Placement Agents”) in connection with this Offering. Loeb & Loeb LLP is acting as U.S. legal counsel to the Company and Mclaughlin & Stern, LLP is acting as legal counsel to the Placement Agents for the Offering.

 

The securities described above are being offered pursuant to a registration statement on Form F-1, as amended (File No. 333-288993) (the “Registration Statement”), which was declared effective by the Securities and Exchange Commission (the “SEC”) on February 9, 2025. The Offering is being made only by means of a prospectus which is a part of the Registration Statement. 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. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Electronic copies of the final prospectus may be obtained, when available, from D. Boral Capital LLC at info@dboralcapital.com, or by calling +1 (212) 970-5150.

 

This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, and no sale of these securities may be made 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 other jurisdiction.

 

Forward-Looking Statements

 

Certain statements in this announcement are forward-looking statements. 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. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” 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, which are available for review at www.sec.gov.

 

 

About Neo-Concept International Group Holdings Limited

 

Neo-Concept International Group Holdings Limited (“NCI”) is a one-stop apparel solution services provider. It offers a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management serving customers located in the European and North American markets. It also sells its own branded apparel products under the brand “Les100Ciels” through retail stores in UK and the UAE as well as the e-commerce platform www.les100ciels.com.

 

NCI is dedicated to minimizing its environmental footprint by implementing various eco-friendly practices. It prioritizes recycling, clean processes, and traceable sourcing as part of its commitment to reducing environmental impact. Additionally, NCI actively seeks sustainable solutions throughout the garment production process, aiming to meet the needs of its customers in an environmentally responsible manner. For more information, visit the Company’s website at www.neo-ig.com.

 

For enquiry, please contact:

 

Neo-Concept International Group Holdings Limited
10/F, Seaview Centre
No.139-141 Hoi Bun Road
Kwun Tong, Kowloon, Hong Kong
(+852) 2798-8639
Email: ir@neo-ig.com

 

 

Exhibit 99.2

 

Neo-Concept International Group Holdings Limited Announces Closing of Approximately US$8.1 Million Public Offering of Class A Ordinary Shares

 

Hong Kong, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Neo-Concept International Group Holdings Limited (Nasdaq: NCI) (the “Company”), a one-stop apparel solution services provider, today announced the closing of its public offering on February 11, 2026 of 14,850,000 Class A ordinary shares at a public offering price of $0.5454 per Class A ordinary share (the “Offering”).

 

Gross proceeds, before deducting placement agent fees and other offering expenses, were approximately $8.1 million. The Company intends to utilize the net proceeds from the Offering for expanding its business and for general working capital.

 

D. Boral Capital LLC acted the lead placement agent and uSmart Securities Limited acted joint placement agent (together with D. Boral Capital LLC, the “Placement Agents”) in connection with this Offering. Loeb & Loeb LLP acted U.S. legal counsel to the Company and Mclaughlin & Stern, LLP acted legal counsel to the Placement Agents for the Offering.

 

The securities described above were offered pursuant to a registration statement on Form F-1, as amended (File No. 333-288993) (the “Registration Statement”), which was declared effective by the Securities and Exchange Commission (the “SEC”) on February 9, 2025. The Offering was made only by means of a prospectus which is a part of the Registration Statement. 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. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Electronic copies of the final prospectus may be obtained, when available, from D. Boral Capital LLC at info@dboralcapital.com, or by calling +1 (212) 970-5150.

 

This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, and no sale of these securities may be made 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 other jurisdiction.

 

Forward-Looking Statements

 

Certain statements in this announcement are forward-looking statements. 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. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” 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, which are available for review at www.sec.gov.

 

About Neo-Concept International Group Holdings Limited

 

Neo-Concept International Group Holdings Limited (“NCI”) is a one-stop apparel solution services provider. It offers a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management serving customers located in the European and North American markets. It also sells its own branded apparel products under the brand “Les100Ciels” through retail stores in UK and the UAE as well as the e-commerce platform www.les100ciels.com.

 

NCI is dedicated to minimizing its environmental footprint by implementing various eco-friendly practices. It prioritizes recycling, clean processes, and traceable sourcing as part of its commitment to reducing environmental impact. Additionally, NCI actively seeks sustainable solutions throughout the garment production process, aiming to meet the needs of its customers in an environmentally responsible manner. For more information, visit the Company’s website at www.neo-ig.com.

 

For enquiry, please contact:

 

Neo-Concept International Group Holdings Limited

10/F, Seaview Centre

No.139-141 Hoi Bun Road

Kwun Tong, Kowloon, Hong Kong

(+852) 2798-8639

Email: ir@neo-ig.com

Filing Exhibits & Attachments

3 documents