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BUUU Group Limited Announces Pricing of $6 million Initial Public Offering and Listing on Nasdaq

Hong Kong, Aug. 13, 2025 (GLOBE NEWSWIRE) -- BUUU Group Limited (NASDAQ:BUUU) (the "Company"), an established  meetings, incentives, conferences and exhibitions ("MICE") solutions provider based in Hong Kong , today announced the pricing of its initial public offering (the "Offering") of 1,500,000 Class A ordinary shares (the "Class A Ordinary Shares"), at a price of $4.00 per Class A Ordinary Share (the "Offering Price").

The Class A Ordinary Shares are expected to begin trading on the Nasdaq Capital Market on August 14, 2025 under the symbol "BUUU." The Offering is expected to close on August 15, 2025, subject to the satisfaction of customary closing conditions.

The Company expects to receive aggregate gross proceeds of US$6 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 225,000 Class A Ordinary Shares of the Company, at the Offering Price, representing 15% of the Class A Ordinary Shares sold in the Offering (the "Over-allotment Option"). If the Over-allotment Option is exercised in full, the gross proceeds will be amounting to $6.90 million, before deducting underwriting discounts and commissions and estimated offering expenses.

The Company intends to use the net proceeds for enhancing its brand recognition, strengthening its marketing initiatives, expanding service offerings, integrating advanced technologies to its operations, expansion into the U.S. and Southeast Asia markets, and general corporate purposes.

The Offering is conducted on a firm commitment basis. Dominari Securities LLC is acting as the representative of the underwriters, with Revere Securities LLC and Pacific Century Securities LLC acting as the co-underwriters (collectively, the "Underwriters") for the Offering. Ortoli Rosenstadt LLP, Ogier, David Fong & ...