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0 0 0.0468943931789973 0.0749554800064756 0.151583832496897 0.073876207436188 0.197992553019265 0.417095677513356
Stock impact report

Hang Feng Technology Innovation Co., Ltd. Announces Closing of Initial Public Offering

Hang Feng Technology Innovation Co., Ltd. - Ordinary Shares (FOFO) 
Company Research Source: GlobeNewswire
Hong Kong, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Hang Feng Technology Innovation Co.,Ltd. (Nasdaq: FOFO) (the “Company” or “Hang Feng”), a Hong Kong-based company providing comprehensive corporate management consulting and asset management services, today announced the closing of its initial public offering (the “Offering”) of 1,375,000 ordinary shares, par value $0.0001 per share, at a public offering price of US$4.0 per share. The ordinary shares began trading on the Nasdaq Capital Market on September 12, 2025, under the ticker symbol “FOFO.” The Company received aggregate gross proceeds of US$5.5 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 206,250 ordinary shares at the public offering price, less underwriting discounts. Proceeds from the Offering will be used for: strengthening corporate management consulting business, developing Show less Read more
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