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K-Tech Solutions (NASDAQ:KMRK), a Hong Kong-based toy products design house specializing in infant and pre-school educational toys, has successfully completed its Initial Public Offering (IPO) on the NASDAQ Capital Market. The company raised $6.4 million by offering 1.6 million Class A Shares at $4.00 per share.
The underwriters have a 30-day option to purchase up to 240,000 additional shares and received warrants to purchase 80,000 Class A Shares at 125% of the offering price. The net proceeds will fund potential factory acquisitions in Southeast Asia, expand design and engineering teams, obtain international IP licenses, and support working capital needs.
K-TECH Solutions (NASDAQ:KMRK), a Hong Kong-based educational toy manufacturer, successfully completed its IPO on the Nasdaq Capital Market. The company offered 1.6 million ordinary shares at $4.00 per share, raising $6.4 million in gross proceeds.
American Trust Investment Services (ATIS) served as the sole underwriter for the transaction, with a 45-day option to purchase up to 240,000 additional shares for over-allotments. The proceeds will fund product development, production capacity expansion, and general corporate purposes.
K-Tech Solutions (NASDAQ:KMRK), a Hong Kong-based toy products design house specializing in infant and pre-school educational toys, has announced the pricing of its US$6.4 million initial public offering. The company is offering 1.6 million Class A Shares at US$4.00 per share, with trading expected to commence on July 16, 2025 on the NASDAQ Capital Market.
The company has granted a 30-day overallotment option for an additional 240,000 shares, potentially increasing total proceeds to US$7.36 million. Proceeds will fund investments in a Vietnamese factory, expand design teams, acquire international IP rights, and provide working capital. American Trust Investment Services is serving as the sole book-running manager for the offering.
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