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Everbright Digital Holding, a Hong Kong-based integrated marketing solutions provider, has announced the pricing of its Initial Public Offering (IPO) on the Nasdaq Capital Market under the symbol EDHL.
The company is offering 1,500,000 ordinary shares at $4.00 per share, aiming to raise $6.0 million in gross proceeds. Trading is expected to commence on April 17, 2025. The underwriters have a 45-day option to purchase an additional 225,000 shares.
The IPO proceeds will fund marketing and business expansion, core technology R&D, overseas business development, talent acquisition, and working capital. Dominari Securities is leading the underwriting, with Revere Securities as co-underwriter. The offering is expected to close around April 21, 2025.
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