Nature wood group limited announces partial exercise of the underwriter's over-allotment option

Macau, oct. 16, 2023 (globe newswire) -- nature wood group limited (the “company” or “nature wood”) (nasdaq: nwgl), a global leading vertically-integrated forestry company that focuses on fsc business operations, today announced that prime number capital llc, as underwriter of the company's initial public offering (“ipo”), has partially exercised the over-allotment option to purchase an additional 85,868 adss at the ipo price of us$9 per ads. as a result, the company has raised gross proceeds of $772,812, in addition to the previously announced ipo gross proceeds of approximately $6,750,000, before underwriting discounts and offering expenses.
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