CCH Holdings Ltd Announces Pricing of Initial Public Offering

Rhea-AI Summary

CCH Holdings Ltd (Nasdaq: CCHH) priced its initial public offering of 1,250,000 ordinary shares at US$4.00 per share for gross proceeds of US$5.0 million. Shares are approved to list on the Nasdaq Capital Market and expected to begin trading on October 3, 2025 under the ticker CCHH. The underwriters have a 45‑day over‑allotment option to purchase up to an additional 187,500 shares. The Offering is on a firm commitment basis and is expected to close on or about October 6, 2025. Proceeds are earmarked for restaurant expansion, strategic investments or acquisitions, brand and marketing, product diversification, and general corporate purposes.

Positive

• Gross proceeds of US$5.0M from IPO
• Approved to list on Nasdaq, trading from Oct 3, 2025
• Underwriters granted 45‑day over‑allotment option (187,500 shares)
• Proceeds designated for expansion and acquisitions

Negative

• Over‑allotment could increase shares by 15% (187,500 of 1,250,000)
• Gross proceeds stated before underwriting discounts and expenses

Insights

Capital Markets Analyst

IPO priced at US$4.00 for 1.25M shares; Nasdaq listing scheduled for Oct 3, 2025.

The Company completed an initial public offering of 1,250,000 ordinary shares at US$4.00 per share for gross proceeds of US$5,000,000, with an over-allotment option for 187,500 shares.

What it means: the company secured primary capital and a U.S. market listing on the Nasdaq Capital Market, which provides public-market access for future capital raising and visibility. Why it matters: the proceeds fund expansion, strategic investments, brand building, product diversification, and general corporate uses—items the company explicitly lists as uses of proceeds.

The Offering is on a firm commitment basis and is expected to close on or about October 6, 2025; that closing date is the clear monitorable milestone disclosed here.

BUKIT MERTAJAM, MALAYSIA, Oct. 03, 2025 (GLOBE NEWSWIRE) -- CCH Holdings Ltd (the “Company”), a Malaysia-based specialty hotpot restaurant chain, today announced the pricing of its initial public offering (the “Offering”) of 1,250,000 ordinary shares at a public offering price of US$4.00 per ordinary share, for total gross proceeds of US$5,000,000, before deducting estimated underwriting discounts, non-accountable expense allowance, and estimated offering expenses payable by the Company. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on October 3, 2025, under the ticker symbol “CCHH”.

The Company has granted to the underwriters an over-allotment option, which is exercisable within 45 days from the date of closing of this Offering, to purchase up to an additional 187,500 ordinary shares at the initial public offering price less the underwriting discounts and commissions.

The Offering is being conducted on a firm commitment basis. The Company plans to use the proceeds from the Offering for expansion of its restaurant network, strategic investments or acquisitions, brand building and marketing, diversification of its peripheral products of food ingredients and condiments and/or sales channels of such products, and general corporate purposes. The Offering is expected to close on or about October 6, 2025, subject to the satisfaction of customary closing conditions.

Cathay Securities, Inc. is acting as the representative of the underwriters to the Offering. Hogan Lovells is acting as U.S. counsel to the Company, and Lucosky Brookman LLP is acting as U.S. counsel to Cathay Securities, Inc., in connection with the Offering.

A registration statement on Form F-1 relating to the Offering (File No. 333-289878), as amended, was filed with the Securities and Exchange Commission (“SEC”) and was declared effective by the SEC. The Offering is being made only by means of a prospectus, forming a part of the registration statement. A final prospectus relating to the Offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Electronic copies of the final prospectus relating to this Offering, when available, may be obtained from Cathay Securities, Inc., 40 Wall St Suite 3600, New York, NY 10005, Telephone: +1 (855) 939-3888; Email: service@cathaysecurities.com.

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, or will there be any sale of the Company’s securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About CCH Holdings Ltd

CCH Holdings Ltd commenced operations in 2015 with roots in George Town, Penang, Malaysia. The Company is one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. The Company offer catering services in Malaysia and outside Malaysia mainly under two brands, namely Chick Chicken Claypot House (鸡煲之家) for our chicken hotpot restaurants and Zi Wei Yuan (紫薇园) for our fish head hotpot restaurants through a combination of company-owned restaurant outlets and franchised restaurant outlets.

For more information, please visit the Company’s website: https://ir.chickenclaypothouse.com.my

Cautionary Note Regarding Forward-Looking Statements

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the description of the proposed offering in this announcement contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: (i) the Company’s goals and strategies; (ii) the Company’s future business development, financial condition, and results of operations; (iii) general economic and business conditions in Malaysia; and (iv) the outlook of specialty hotpot market in Malaysia, Southeast Asia, Hong Kong, Taiwan, and the U.S., including competition, government policies and regulations. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

CCH Holdings Ltd

Investor Relations

Email: cch_ir@cchasia.com.my

FAQ

How many shares did CCH Holdings (CCHH) offer in the IPO on October 3, 2025?

CCHH offered 1,250,000 ordinary shares at US$4.00 per share.

What total gross proceeds did CCHH raise in the October 2025 IPO?

The IPO generated US$5.0 million in gross proceeds before fees and expenses.

When will CCH Holdings (CCHH) start trading on Nasdaq?

CCHH is expected to commence trading on the Nasdaq Capital Market on October 3, 2025.

Does the CCHH IPO include an overallotment option and how large is it?

Yes — underwriters may purchase up to 187,500 additional shares within 45 days (15% of the base offering).

What will CCH Holdings use the IPO proceeds for?

Proceeds are planned for restaurant expansion, strategic investments/acquisitions, brand marketing, product diversification, and general corporate purposes.

When is the CCHH offering expected to close?

The Offering is expected to close on or about October 6, 2025, subject to customary closing conditions.