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Rich Sparkle Holdings Limited Announces Closing of Approximately $5 Million Initial Public Offering

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Rich Sparkle Holdings Limited (NASDAQ: ANPA), a Hong Kong-based financial printing and corporate services provider, has successfully completed its initial public offering (IPO) of 1,250,000 ordinary shares at $4.00 per share, raising $5 million in gross proceeds.

The shares began trading on the Nasdaq Capital Market on July 8, 2025, under the ticker "ANPA". The company granted underwriters a 45-day option to purchase up to 187,500 additional shares. Eddid Securities USA Inc. served as the underwriter for this firm commitment offering.

The proceeds will fund the integration of generative AI features, U.S. expansion through new branches and staff recruitment, potential strategic alliances, and general corporate purposes.

Rich Sparkle Holdings Limited (NASDAQ: ANPA), una società con sede a Hong Kong specializzata in servizi di stampa finanziaria e corporate, ha completato con successo la sua offerta pubblica iniziale (IPO) di 1.250.000 azioni ordinarie a 4,00 dollari per azione, raccogliendo 5 milioni di dollari di proventi lordi.

Le azioni hanno iniziato a essere negoziate sul Nasdaq Capital Market l'8 luglio 2025, con il simbolo "ANPA". La società ha concesso agli underwriter un'opzione di 45 giorni per acquistare fino a 187.500 azioni aggiuntive. Eddid Securities USA Inc. ha agito come underwriter per questa offerta a impegno fermo.

I proventi saranno utilizzati per integrare funzionalità di intelligenza artificiale generativa, espandersi negli Stati Uniti tramite nuove filiali e assunzioni, valutare potenziali alleanze strategiche e per scopi aziendali generali.

Rich Sparkle Holdings Limited (NASDAQ: ANPA), una empresa con sede en Hong Kong que ofrece servicios de impresión financiera y corporativa, ha completado con éxito su oferta pública inicial (OPI) de 1.250.000 acciones ordinarias a 4,00 dólares por acción, recaudando 5 millones de dólares en ingresos brutos.

Las acciones comenzaron a cotizar en el Nasdaq Capital Market el 8 de julio de 2025, bajo el símbolo "ANPA". La compañía otorgó a los suscriptores una opción de 45 días para comprar hasta 187.500 acciones adicionales. Eddid Securities USA Inc. actuó como suscriptor para esta oferta con compromiso firme.

Los fondos se destinarán a financiar la integración de funciones de inteligencia artificial generativa, la expansión en EE. UU. mediante nuevas sucursales y contratación de personal, posibles alianzas estratégicas y propósitos corporativos generales.

Rich Sparkle Holdings Limited (NASDAQ: ANPA)� 홍콩� 본사� � 금융 인쇄 � 기업 서비� 제공업체�, 주당 4.00달러� 1,250,000주의 보통주를 성공적으� 기업공개(ʰ)하여 � 500� 달러� 자금� 조달했습니다.

해당 주식은 2025� 7� 8� 나스� 캐피� 마켓에서 "ANPA"라는 티커� 거래� 시작했습니다. 회사� 인수인에� 45일간 최대 187,500� 추가 매입 옵션� 부여했습니�. Eddid Securities USA Inc.가 � 확정 인수 공모� 인수� 역할� 맡았습니�.

조달� 자금은 생성� AI 기능 통합, 미국 � 신규 지� � 인력 채용� 통한 사업 확장, 전략� 제휴 가능성 탐색, 그리� 일반 기업 목적� 사용� 예정입니�.

Rich Sparkle Holdings Limited (NASDAQ : ANPA), un fournisseur de services d'impression financière et d'entreprise basé à Hong Kong, a réussi son introduction en bourse (IPO) de 1 250 000 actions ordinaires au prix de 4,00 $ par action, levant ainsi 5 millions de dollars de produit brut.

Les actions ont commencé à être négociées sur le Nasdaq Capital Market le 8 juillet 2025, sous le symbole "ANPA". La société a accordé aux souscripteurs une option de 45 jours pour acheter jusqu'à 187 500 actions supplémentaires. Eddid Securities USA Inc. a agi en tant que souscripteur pour cette offre ferme.

Les fonds seront utilisés pour financer l'intégration de fonctionnalités d'IA générative, l'expansion aux États-Unis via de nouvelles succursales et le recrutement de personnel, d'éventuelles alliances stratégiques et des besoins généraux de l'entreprise.

Rich Sparkle Holdings Limited (NASDAQ: ANPA), ein in Hongkong ansässiger Anbieter von Finanzdruck- und Unternehmensdienstleistungen, hat erfolgreich seinen Börsengang (IPO) von 1.250.000 Stammaktien zu je 4,00 USD abgeschlossen und dabei 5 Millionen USD Bruttoerlös erzielt.

Die Aktien wurden am 8. Juli 2025 unter dem Tickersymbol "ANPA" an der Nasdaq Capital Market gehandelt. Das Unternehmen gewährte den Underwritern eine 45-tägige Option zum Kauf von bis zu 187.500 zusätzlichen Aktien. Eddid Securities USA Inc. fungierte als Underwriter für dieses verbindliche Angebot.

Die Erlöse werden zur Integration generativer KI-Funktionen, zur Expansion in den USA durch neue Niederlassungen und Personalrekrutierung, für potenzielle strategische Partnerschaften sowie für allgemeine Unternehmenszwecke verwendet.

Positive
  • Successfully raised $5 million through IPO at $4.00 per share
  • Achieved listing on Nasdaq Capital Market
  • Plans to incorporate generative AI features into service modules
  • Strategic expansion planned into U.S. market
Negative
  • Relatively small IPO size of $5 million may limit growth potential
  • Geographic concentration risk in Hong Kong market

Insights

Rich Sparkle's modest $5M IPO provides NASDAQ listing but indicates small-scale operation with high execution risks for its AI and expansion plans.

Rich Sparkle Holdings has completed a $5 million IPO on the NASDAQ Capital Market, pricing 1.25 million shares at $4.00 each. While securing a NASDAQ listing is notable, the extremely small offering size raises important considerations for potential investors.

The $5 million gross proceeds (before underwriting fees and expenses) represents one of the smallest recent NASDAQ IPOs. For context, the median NASDAQ IPO raises approximately $100 million. This limited capital creates significant execution risk for their stated expansion plans.

The company's proposed use of proceeds spans multiple capital-intensive initiatives: incorporating AI features, establishing U.S. branches, recruiting staff, and pursuing strategic alliances. These ambitious objectives would challenge even well-capitalized firms, raising questions about adequate funding for all stated goals.

The underwriter's option to purchase an additional 187,500 shares (15% of the offering) could provide up to $750,000 in additional gross proceeds if exercised within the 45-day window, though this would still leave a relatively modest capital base.

For a Hong Kong-based financial printing company attempting international expansion, the limited IPO proceeds suggest either very modest near-term growth plans or potential need for additional capital raises. Their international ambitions and AI development plans will likely require disciplined capital allocation and potentially additional financing rounds to fully execute.

Hong Kong, July 09, 2025 (GLOBE NEWSWIRE) -- Rich Sparkle Holdings Limited (NASDAQ: ANPA) (the “Company�), a financial printing and corporate services provider which specializes in designing and printing high quality financial print materials in Hong Kong, today announced the closing of its initial public offering (“Offering�) of 1,250,000 ordinary shares at a public offering price of $4.00 per share, for total gross proceeds of $5 million to the Company before underwriting discounts and commissions. Proceeds from the Offering will be used for the incorporation of generative AI features into the Company’s service modules; the setting up of new branches and offices in the U.S. and to recruit suitable and appropriate staffs to support the Company’s expansion; potential strategic alliances with other industry players; and working capital and for other general corporate purposes.

All of the Ordinary Shares are offered by the Company. The Offering closed on July 9, 2025 and the Ordinary Shares commenced trading on Nasdaq Capital Market on July 8, 2025 under the ticker symbol “ANPA.� The Company has granted the Underwriters an option to purchase up to 187,500 additional Ordinary Shares within 45 days of the effective date of the Company’s registration statement in relation to the Offering.

The Offering was conducted on a firm commitment basis. Eddid Securities USA Inc. acted as the underwriter (the “Underwriter�) for the Offering. Loeb & Loeb LLP acted as counsel to the Company, and Sichenzia Ross Ference Carmel LLP acted as counsel to the Underwriter in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the Securities and Exchange Commission (“SEC�) (File Number: 333-285592) and was declared effective by the SEC on June 27, 2025. The Offering was made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering may be obtained from Eddid Securities USA Inc., 40 Wall Street, Suite 1606, New York, NY 10005. In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC’s website at .

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more complete information about the Company and the Offering. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation, or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Rich Sparkle Holdings Limited

Rich Sparkle Holdings Limited is a financial printing and corporate services provider which specializes in designing and printing high quality financial print materials in Hong Kong. Its service portfolio covers a myriad of deliverables, mainly including listing documents, financial reports, fund documents, circulars and announcements. The Company offers to its customers a wide range of convenient and quality financial printing services, from typesetting, proofreading, translation, design and printing. In addition, it also offered advisory services such as conducting internal control assessment and environmental, social and governance performance evaluation as well as other services including provision of co-working space at its leased office.

Forward-Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company’s Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,� “will,� “expect,� “anticipate,� “aim,� “estimate,� “intend,� “plan,� “believe,� “potential,� “continue,� “is/are likely to� or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

For more information, please contact:

Rich Sparkle Holdings Limited
Matthew Chan, CEO


FAQ

How much did Rich Sparkle Holdings (NASDAQ:ANPA) raise in its IPO?

Rich Sparkle Holdings raised $5 million in gross proceeds through its IPO, offering 1,250,000 ordinary shares at $4.00 per share.

When did Rich Sparkle Holdings (ANPA) start trading on Nasdaq?

Rich Sparkle Holdings began trading on the Nasdaq Capital Market on July 8, 2025 under the ticker symbol 'ANPA'.

What will Rich Sparkle Holdings use its IPO proceeds for?

The proceeds will be used for incorporating generative AI features, establishing new U.S. branches and offices, recruiting staff, pursuing strategic alliances, and general corporate purposes.

Who was the underwriter for Rich Sparkle Holdings' IPO?

Eddid Securities USA Inc. acted as the underwriter for the IPO, which was conducted on a firm commitment basis.

What is Rich Sparkle Holdings' main business?

Rich Sparkle Holdings is a financial printing and corporate services provider specializing in designing and printing high-quality financial print materials in Hong Kong.
Rich Sparkle Holdings Limited

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