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Empro Group Inc. Announces Closing of Remaining Portion of the Underwriter's Over-Allotment Option in Connection with its Upsized Initial Public Offering
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Selangor, Malaysia, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Empro Group Inc. (the “Company” or “EMPG”), a rising beauty and personal care brand headquartered in Malaysia, today announced that it closed the sales of an additional 91,250 ordinary shares of the Company, representing the exercise of the remaining portion of the underwriter's over-allotment option granted in connection with the Company's initial public offering (the “IPO”, and together with such over-allotment closing, the “Offering”), at the IPO price of $4.00 per share, less underwriting discounts. As a result, the Company has raised gross proceeds of $365,000 in addition to the previously announced IPO gross proceeds of approximately $5,500,000 and the previously announced gross proceeds of $460,000 arising from the partial exercise by the underwriter of its over-allotment option that closed on July 30, 2025, for aggregate gross of proceeds of $6,325,000, before deducting underwriting discounts and other offering expenses.08/01/2025
Empro Group Inc. Announces Closing of the Underwriter's Partial Exercise of its Over-Allotment Option in Connection with its Upsized Initial Public Offering
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Selangor, Malaysia, July 31, 2025 (GLOBE NEWSWIRE) -- Empro Group Inc. (the “Company” or “EMPG”), a rising beauty and personal care brand headquartered in Malaysia, today announced that it closed the sales of an additional 115,000 ordinary shares of the Company, representing the partial exercise of the underwriter's over-allotment option granted in connection with the Company's initial public offering (the “IPO”, and together with such over-allotment closing, the “Offering”), at the IPO price of $4.00 per share, less underwriting discounts. As a result, the Company has raised gross proceeds of $460,000 in addition to the previously announced IPO gross proceeds of approximately $5,500,000, before deducting underwriting discounts and other offering expenses.07/31/2025
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The price of Empro Group Inc. Ordinary shares (EMPG) is 9.8 and it was updated on 2025-08-27 02:05:46.
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Currently Empro Group Inc. Ordinary shares (EMPG) is in undervalued.
News
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 Empro Group Inc. Announces Closing of its Upsized $5.5 Million Initial Public Offering
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 Empro Group Inc. Announces Pricing of Its Initial Public Offering
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