Underwriters lift Zenta Group (ZGM) IPO proceeds to $6.9M
Rhea-AI Filing Summary
Zenta Group Company Limited reports that underwriters exercised their IPO over-allotment option to purchase an additional 225,000 ordinary shares at
Positive
- None.
Negative
- None.
FAQ
What did Zenta Group Company Limited (ZGM) disclose in this 6-K?
Zenta Group Company Limited disclosed that the underwriters in its initial public offering exercised their over-allotment option to buy additional ordinary shares, increasing the total gross proceeds from the IPO.
How many additional Zenta Group (ZGM) shares were sold under the over-allotment option?
The underwriters purchased an additional 225,000 ordinary shares of Zenta Group Company Limited pursuant to the over-allotment option.
At what price were the Zenta Group (ZGM) over-allotment shares sold?
The over-allotment shares were sold at a price of
When did the closing of Zenta Group’s IPO over-allotment shares occur?
The closing for the sale of the over-allotment shares took place on
What were the total gross proceeds of Zenta Group’s IPO including the over-allotment?
Total gross proceeds from Zenta Group’s IPO, including the over-allotment shares, were approximately
Who represented the underwriters in Zenta Group’s IPO over-allotment exercise?
Cathay Securities, Inc. acted as representative of the several underwriters named in the underwriting agreement for Zenta Group Company Limited’s IPO.