Welcome to our dedicated page for CTRL Group Ordinary Shares news (Ticker: MCTR), a resource for investors and traders seeking the latest updates and insights on CTRL Group Ordinary Shares stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CTRL Group Ordinary Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CTRL Group Ordinary Shares's position in the market.
CTRL Group (MCTR), a Hong Kong-based integrated marketing and advertising services provider specializing in mobile games promotion, has announced the full exercise of the underwriter's over-allotment option. R.F. Lafferty & Co., Inc., the representative underwriter of the company's IPO, has purchased an additional 300,000 ordinary shares at the IPO price of $4.00 per share.
The company has now raised a total of $9.2 million in gross proceeds through the issuance of 2,300,000 ordinary shares in the IPO. R.F. Lafferty & Co., Inc. and Revere Securities served as underwriters, with The Crone Law Group, P.C. and VCL Law LLP acting as legal counsel to the Company and Underwriters, respectively.
CTRL Group (MCTR), a Hong Kong-based integrated marketing and advertising services provider focusing on mobile games promotion, has successfully completed its initial public offering (IPO). The company offered 2,000,000 ordinary shares at $4.00 per share, raising gross proceeds of $8 million before deducting underwriting costs and related expenses.
Trading began on the Nasdaq Capital Market under the symbol 'MCTR' on January 22, 2025. The company has granted underwriters a 45-day option to purchase up to 300,000 additional ordinary shares at the public offering price. R.F. Lafferty & Co., Inc. served as the lead underwriter, with Revere Securities as co-underwriter for this firm commitment offering.
CTRL Group (NASDAQ: MCTR), a Hong Kong-based integrated marketing and advertising services provider specializing in mobile games promotion, has announced the pricing of its initial public offering. The company is offering 2,000,000 ordinary shares at $4.00 per share, expecting to raise gross proceeds of $8 million.
Trading will commence on January 22, 2025, on the Nasdaq Capital Market under the symbol 'MCTR'. The company has granted underwriters a 45-day option to purchase up to 300,000 additional shares. The IPO proceeds will be used for regional expansion, working capital as a mobile game operator, potential media company acquisitions, and general working capital.
R.F. Lafferty & Co. is serving as the lead underwriter, with Revere Securities as co-underwriter. The offering is expected to close on January 23, 2025, subject to customary conditions.
FAQ
What is the current stock price of CTRL Group Ordinary Shares (MCTR)?
What is the market cap of CTRL Group Ordinary Shares (MCTR)?
