Empro Group Inc. Announces Closing of the Underwriter鈥檚 Partial Exercise of its Over-Allotment Option in Connection with its Upsized Initial Public Offering
Empro Group (EMPG), a Malaysian beauty and personal care brand, has announced the closing of its underwriter's partial over-allotment option following its IPO. The company sold an additional 115,000 ordinary shares at $4.00 per share, generating additional gross proceeds of $460,000 on top of the initial $5.5 million IPO proceeds.
The offering was conducted on a firm commitment basis with R.F. Lafferty & Co., Inc. serving as the sole underwriter. The company's registration statement on Form F-1 was declared effective by the SEC on July 1, 2025.
Empro Group (EMPG), un marchio malese nel settore della bellezza e della cura personale, ha annunciato la chiusura dell'opzione di sovrassegnazione parziale da parte del sottoscrittore dopo la sua IPO. La societ脿 ha venduto ulteriori 115.000 azioni ordinarie a 4,00 $ per azione, generando proventi lordi aggiuntivi di 460.000 $ oltre ai 5,5 milioni di $ iniziali derivanti dall'IPO.
L'offerta 猫 stata condotta su base di impegno fermo con R.F. Lafferty & Co., Inc. come unico sottoscrittore. La dichiarazione di registrazione della societ脿 sul modulo F-1 猫 stata dichiarata efficace dalla SEC il 1 luglio 2025.
Empro Group (EMPG), una marca malaya de belleza y cuidado personal, ha anunciado el cierre de la opci贸n parcial de sobresuscripci贸n de su asegurador tras su oferta p煤blica inicial (IPO). La compa帽铆a vendi贸 115,000 acciones ordinarias adicionales a 4.00 $ por acci贸n, generando ingresos brutos adicionales de 460,000 $ adem谩s de los 5.5 millones de $ iniciales de la IPO.
La oferta se realiz贸 bajo un compromiso firme con R.F. Lafferty & Co., Inc. como 煤nico asegurador. La declaraci贸n de registro de la compa帽铆a en el Formulario F-1 fue declarada efectiva por la SEC el 1 de julio de 2025.
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Empro Group (EMPG), une marque malaisienne de beaut茅 et de soins personnels, a annonc茅 la cl么ture de l'option de surallocation partielle de son souscripteur suite 脿 son introduction en bourse. La soci茅t茅 a vendu 115 000 actions ordinaires suppl茅mentaires au prix de 4,00 $ par action, g茅n茅rant des recettes brutes additionnelles de 460 000 $ en plus des 5,5 millions de $ initiaux issus de l'IPO.
L'offre a 茅t茅 r茅alis茅e sur la base d'un engagement ferme avec R.F. Lafferty & Co., Inc. en tant que seul souscripteur. La d茅claration d'enregistrement de la soci茅t茅 sur le formulaire F-1 a 茅t茅 d茅clar茅e effective par la SEC le 1er juillet 2025.
Empro Group (EMPG), eine malaysische Marke f眉r Sch枚nheit und K枚rperpflege, hat den Abschluss der teilweisen Mehrzuteilungsoption ihres Underwriters nach dem B枚rsengang (IPO) bekannt gegeben. Das Unternehmen verkaufte zus盲tzliche 115.000 Stammaktien zu je 4,00 $ und erzielte dadurch zus盲tzliche Bruttoerl枚se von 460.000 $ neben den anf盲nglichen 5,5 Millionen $ aus dem IPO.
Das Angebot wurde auf Festzusagebasis durchgef眉hrt, wobei R.F. Lafferty & Co., Inc. als alleiniger Underwriter fungierte. Der Registrierungsantrag des Unternehmens im Formular F-1 wurde von der SEC am 1. Juli 2025 f眉r wirksam erkl盲rt.
- Additional capital raise of $460,000 through over-allotment exercise
- Successful completion of IPO with total gross proceeds of $5.96 million
- Strong investor interest demonstrated by exercise of over-allotment option
- Only partial exercise of over-allotment option indicates limited excess demand
- Additional shares from over-allotment may cause minor dilution to existing shareholders
Insights
EMPG completed its IPO with an additional $460K from over-allotment, bringing total proceeds to $5.96M at $4 per share.
Empro Group Inc. (EMPG) has successfully completed its initial public offering with a favorable outcome. The underwriter's partial exercise of the over-allotment option indicates decent market demand for the company's shares. This resulted in an additional
The IPO was priced at
For a beauty and personal care company based in Malaysia entering U.S. markets, this represents a successful capital formation event, though the relatively modest size of the offering (
Selangor, Malaysia, July 31, 2025 (GLOBE NEWSWIRE) -- Empro Group Inc. (the 鈥淐ompany鈥� or 鈥淓MPG鈥�), 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鈥檚 over-allotment option granted in connection with the Company鈥檚 initial public offering (the 鈥淚PO鈥�, and together with such over-allotment closing, the 鈥淥ffering鈥�), at the IPO price of
The Offering was conducted on a firm commitment basis. R.F. Lafferty & Co., Inc. acted as the sole underwriter (the 鈥淯nderwriter鈥�) for the Offering. Pryor Cashman LLP acted as U.S. counsel to the Company, and Sichenzia Ross Ference Carmel LLP acted as U.S. counsel to the Underwriter in connection with the Offering.
A registration statement on Form F-1 (File No. 333-282155) relating to the Offering, as amended (the 鈥淩egistration Statement鈥�), has been filed with the U.S. Securities and Exchange Commission (the "SEC") and was declared effective by the SEC on July 1, 2025. The Offering is being made only by means of a prospectus. Copies of the final prospectus related to the Offering may be obtained, when available, from R. F. Lafferty & Co., Inc by email at or via standard mail to R. F. Lafferty & Co., Inc, 40 Wall Street, 27th Floor, New York, NY10005. In addition, a copy of the final prospectus can also be obtained via the SEC鈥檚 website at .
Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, 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.
About Empro Group Inc.
Empro Group Inc. is a rising beauty and personal care brand headquartered in Malaysia. Evolving from its origins in Malaysia鈥檚 eyebrow embroidery space, Empro Group Inc. has grown into a trusted name across three core pillars: cosmetics, skincare, and healthcare. With a growing presence across Southeast Asia and Europe, Empro Group Inc. remains dedicated to offering accessible, quality self-care solutions while staying true to its humble beginnings. For more information please visit: .
Forward-Looking Statement
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company's statements regarding the expected trading of its Ordinary Shares on the Nasdaq Capital Market and the closing of the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These forward-looking statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the 鈥淩isk Factors鈥� section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at . The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
Underwriter
R. F. Lafferty & Co., Inc.
40 Wall Street, 27th Floor
New York, NY 10005
(212) 293-9090
Investor Relations
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FAQ
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