mF International Limited Announces Closing of Initial Public Offering
mF International Limited - Ordinary Shares (MFI)
US:NASDAQ Investor Relations:
leasingnews.org/pdf/microfinancialinc_4212014.pdf
Company Research
Source: GlobeNewswire
Hong Kong, April 24, 2024 (GLOBE NEWSWIRE) -- mF International Limited (the “Company” or “mF International”) (Nasdaq: MFI), a Hong Kong-based experienced financial trading solution provider, today announced the closing of its initial public offering (the “Offering”) of 1,666,667 ordinary shares at a public offering price of $4.50 per ordinary share. The ordinary shares began trading on the Nasdaq Capital Market on April 22, 2024 under the ticker symbol “MFI.” The Company received aggregate gross proceeds of $7,500,001.5 from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriter a 45-day option to purchase up to an additional 250,000 ordinary shares at the public offering price, less underwriting discounts. Proceeds from the Offering will be used for expanding service capacity and general working capital. The Offering was conducted on a firm commitment basis. Joseph Stone Capital, LLC acted as t
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