BUUU Group Limited Announces Closing of $6 million Initial Public Offering
BUUU Group Limited (NASDAQ: BUUU), a Hong Kong-based MICE solutions provider, has successfully completed its initial public offering of 1,500,000 Class A ordinary shares at $4.00 per share, raising gross proceeds of $6 million.
Trading commenced on the Nasdaq Capital Market on August 14, 2025, under the symbol "BUUU". The company granted underwriters a 45-day option to purchase up to 225,000 additional shares, which could increase total proceeds to $6.90 million if fully exercised.
The IPO proceeds will fund brand enhancement, marketing initiatives, service expansion, technology integration, and market expansion into the U.S. and Southeast Asia. Dominari Securities LLC led the offering as representative underwriter, with Revere Securities LLC and Pacific Century Securities LLC as co-underwriters.
BUUU Group Limited (NASDAQ: BUUU), fornitore di soluzioni MICE con sede a Hong Kong, ha completato con successo la sua offerta pubblica iniziale di 1.500.000 azioni ordinarie di Classe A a 4,00 USD per azione, raccogliendo proventi lordi per 6 milioni di dollari.
Le negoziazioni sono iniziate sul Nasdaq Capital Market il 14 agosto 2025, con il simbolo "BUUU". La societ脿 ha concesso agli sponsor un鈥檕pzione di 45 giorni per acquistare fino a 225.000 azioni aggiuntive, che potrebbe portare i proventi totali a 6,90 milioni di dollari se esercitata completamente.
I proventi dell鈥橧PO serviranno a potenziare il brand, le iniziative di marketing, l鈥檈spansione dei servizi, l鈥檌ntegrazione tecnologica e l鈥檌ngresso nei mercati degli Stati Uniti e del Sud-Est asiatico. Dominari Securities LLC ha guidato l鈥檕fferta come underwriter rappresentativo, affiancata da Revere Securities LLC e Pacific Century Securities LLC come co-underwriter.
BUUU Group Limited (NASDAQ: BUUU), proveedor de soluciones MICE con sede en Hong Kong, ha completado con 茅xito su oferta p煤blica inicial de 1.500.000 acciones ordinarias Clase A a 4,00 USD por acci贸n, recaudando ingresos brutos por 6 millones de d贸lares.
La cotizaci贸n comenz贸 en el Nasdaq Capital Market el 14 de agosto de 2025, con el s铆mbolo "BUUU". La compa帽铆a concedi贸 a los suscriptores una opci贸n de 45 d铆as para comprar hasta 225.000 acciones adicionales, lo que podr铆a aumentar los ingresos totales a 6,90 millones de d贸lares si se ejerce en su totalidad.
Los fondos de la IPO se destinar谩n a mejorar la marca, iniciativas de marketing, expansi贸n de servicios, integraci贸n tecnol贸gica y la expansi贸n de mercado hacia EE. UU. y el sudeste asi谩tico. Dominari Securities LLC lider贸 la oferta como suscriptor representante, con Revere Securities LLC y Pacific Century Securities LLC como co-suscriptores.
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瓯半灅电� 2025雲� 8鞗� 14鞚�鞐� 雮橃姢雼� 旌愴敿韯� 毵堨紦鞐愳劀 "BUUU"霛茧姅 鞁臣搿� 鞁滌瀾霅橃棃鞀惦媹雼�. 須岇偓電� 鞚胳垬鞚胳棎瓴� 斓滊寑 225,000欤� 於旉皜 毵れ垬頃� 靾� 鞛堧姅 45鞚� 鞓奠厴鞚� 攵�鞐枅鞙茧┌, 鞝勲秬 頄夓偓霅� 瓴届毎 齑濎垬鞚奠潃 690毵� 雼煬旯岇 歃濌皜頃� 靾� 鞛堨姷雼堧嫟.
IPO 靾橃澋鞚� 敫岆灉霌� 臧曧檾, 毵堨紑韺� 頇滊彊, 靹滊箘鞀� 頇曥灔, 旮办垹 韱淀暕 氚� 氙戈淡 氚� 霃欕偍鞎勳嫓鞎�搿滌潣 鞁滌灔 頇曥灔鞐� 靷毄霅� 鞓堨爼鞛呺媹雼�. Dominari Securities LLC臧� 欤缄皠 雽�響� 鞚胳垬鞚胳溂搿� 瓯半灅毳� 鞚措亴鞐堦碃, Revere Securities LLC鞕� Pacific Century Securities LLC臧� 瓿惦彊 鞚胳垬鞚胳溂搿� 彀胳棳頄堨姷雼堧嫟.
BUUU Group Limited (NASDAQ: BUUU), fournisseur de solutions MICE bas茅 脿 Hong Kong, a finalis茅 avec succ猫s son introduction en bourse de 1 500 000 actions ordinaires de classe A 脿 4,00 USD par action, levant 6 millions de dollars de produits bruts.
Les op茅rations ont d茅but茅 sur le Nasdaq Capital Market le 14 ao没t 2025, sous le symbole 芦 BUUU 禄. La soci茅t茅 a accord茅 aux souscripteurs une option de 45 jours pour acheter jusqu'脿 225 000 actions suppl茅mentaires, ce qui pourrait porter le produit total 脿 6,90 millions de dollars en cas d'exercice complet.
Les fonds de l'IPO serviront 脿 renforcer la marque, financer des initiatives marketing, 茅tendre les services, int茅grer des technologies et 茅tendre la pr茅sence sur le march茅 aux 脡tats-Unis et en Asie du Sud-Est. Dominari Securities LLC a dirig茅 l'offre en tant que souscripteur repr茅sentant, assist茅e par Revere Securities LLC et Pacific Century Securities LLC en tant que co-souscripteurs.
BUUU Group Limited (NASDAQ: BUUU), ein in Hongkong ans盲ssiger Anbieter von MICE-L枚sungen, hat sein Initial Public Offering 眉ber 1.500.000 Class-A-Stammaktien zu je 4,00 USD erfolgreich abgeschlossen und Bruttoerl枚se von 6 Millionen US-Dollar erzielt.
Der Handel begann am 14. August 2025 am Nasdaq Capital Market unter dem Symbol 鈥濨UUU鈥�. Das Unternehmen r盲umte den Underwritern eine 45-t盲gige Option ein, bis zu 225.000 zus盲tzliche Aktien zu erwerben, was die Gesamterl枚se bei vollst盲ndiger Aus眉bung auf 6,90 Millionen US-Dollar erh枚hen k枚nnte.
Die IPO-Mittel sollen zur Markenst盲rkung, f眉r Marketingma脽nahmen, Serviceausbau, Technologieintegration sowie zur Marktexpansion in die USA und S眉dostasien verwendet werden. Dominari Securities LLC f眉hrte das Angebot als repr盲sentativer Underwriter an, unterst眉tzt von Revere Securities LLC und Pacific Century Securities LLC als Co-Underwriter.
- Successfully raised $6 million in IPO proceeds with potential for additional $0.90 million through over-allotment option
- Strategic expansion planned for U.S. and Southeast Asia markets
- Clear allocation of funds for growth initiatives including technology integration and service expansion
- Strong underwriting support with multiple firms involved
- Relatively small IPO size of $6 million may limit growth potential
- Competitive MICE industry may challenge market expansion efforts
- Potential share dilution if over-allotment option is exercised
Insights
BUUU Group completed a modest $6M IPO at $4/share, with funds targeted for brand building and geographic expansion.
BUUU Group Limited, a Hong Kong-based MICE (Meetings, Incentives, Conferences, and Exhibitions) solutions provider, has successfully completed its initial public offering on the Nasdaq Capital Market. The company raised
The offering structure includes a
BUUU's stated use of proceeds reveals its strategic priorities: enhancing brand recognition, strengthening marketing initiatives, expanding service offerings, integrating advanced technologies, and geographic expansion into the U.S. and Southeast Asian markets. This allocation suggests the company is positioning itself for growth beyond its Hong Kong base.
The modest offering size indicates BUUU is a smaller player in the MICE industry, which typically includes services like event planning, venue selection, logistics management, and attendee experience coordination. At the
While this IPO provides BUUU with public company status and access to capital markets, the limited proceeds may constrain the scope and pace of its expansion plans, particularly given the capital-intensive nature of international expansion. The company will likely need to demonstrate strong execution and possibly raise additional capital in the future to fully realize its growth ambitions in the competitive MICE industry.
Hong Kong, Aug. 15, 2025 (GLOBE NEWSWIRE) -- BUUU Group Limited (Nasdaq: BUUU) (the 鈥淐ompany鈥�), an established 聽meetings, incentives, conferences and exhibitions (鈥淢ICE鈥�) solutions provider based in Hong Kong , today announced the closing of its initial public offering (the 鈥淥ffering鈥�) of 1,500,000 Class A ordinary shares (the 鈥淐lass A Ordinary Shares鈥�), at a price of
The Class A Ordinary Shares commenced trading on the Nasdaq Capital Market on August 14, 2025, under the symbol 鈥淏UUU.鈥�
The Company received aggregate gross proceeds of US
The Company intends to use the net proceeds for enhancing its brand recognition, strengthening its marketing initiatives, expanding service offerings, integrating advanced technologies to its operations, expansion into the U.S. and Southeast Asia markets, and general corporate purposes.
The Offering was conducted on a firm commitment basis. Dominari Securities LLC acts as the representative of the underwriters, with Revere Securities LLC and Pacific Century Securities LLC acting as the co-underwriters (collectively, the 鈥淯nderwriters鈥�) for the Offering.聽Ortoli Rosenstadt LLP, Ogier, David Fong & Co. acts as United States, British Virgin Islands, and Hong Kong legal counsels to the Company, respectively. Onestop Assurance PAC acts as the reporting accountants of the Company. Sichenzia Ross Ference Carmel LLP acts as legal counsel to the Underwriters for the Offering.
The Offering was conducted pursuant to the Company鈥檚 Registration Statement on Form F-1 (File No. 333-286203) previously filed with, and subsequently declared effective by the U.S. Securities and Exchange Commission (the 鈥淪EC鈥�) on August 13, 2025. A final prospectus describing the terms of the Offering was filed with the SEC on August 14, 2025, and is available on the SEC鈥檚 website at . Alternatively, copies of the prospectus relating to the Offering may be obtained, when available, from Dominari Securities LLC by email at聽, by standard mail to Dominari Securities LLC, 725 Fifth Avenue, 23rd Floor New York, NY 10022, or by telephone at (212) 393-4500; or from Revere Securities LLC by email at聽, by standard mail to Revere Securities LLC, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by telephone at +1 (212) 688-2350; or from Pacific Century Securities LLC by email at聽, by standard mail to Pacific Century Securities, LLC, 60-20 Woodside Avenue Ste 211 Queens, NY 11377, or by telephone at 212-970-8868.
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 has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, and no sale of these securities may be made 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 other jurisdiction.
About BUUU Group Limited
Headquartered in Hong聽Kong, we have grown into a premier MICE solutions provider. Our comprehensive MICE solutions portfolio is designed to meet the diverse needs of our clients, spanning across two core areas 鈥� event management and stage production. Our diverse clientele includes public institutions, marketing and public relations firms, real estate corporations, and various established brands. We are committed to craft innovative and high-quality聽experiences that meet our clients鈥� unique specifications and drive their success.
FORWARD-LOOKING STATEMENTS
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 鈥渕ay, 鈥渨ill, 鈥渋ntend,鈥� 鈥渟hould,鈥� 鈥渂elieve,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥減roject,鈥� 鈥渆stimate鈥� 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鈥檚 statements regarding its intended use of proceeds from the sale of Company鈥檚 Class A Ordinary Shares in the Offering.聽Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company鈥檚 expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the 鈥淩isk Factors鈥� section of the registration statement filed with the SEC. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the 鈥淩isk Factors鈥� section of the registration statement filed with the SEC.聽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鈥檚 filings with the SEC, which are available for review at聽. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.聽
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