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TechCreate Group (NYSE American: TCGL) closed its firm commitment initial public offering of 2,550,000 class A ordinary shares at an offering price of $4.00 per share, generating $10,200,000 in gross proceeds before underwriting discounts and offering expenses.
The company's shares began trading on October 15, 2025 under the ticker TCGL. The underwriter has a 45-day option to purchase an additional 382,500 shares (15%) to cover over-allotments, which would raise gross proceeds to approximately $11.73 million if exercised in full.
TechCreate Group Ltd (NYSE:TCGL) priced its firm commitment initial public offering of 2,550,000 class A ordinary shares at $4.00 per share, raising gross proceeds of $10,200,000 before underwriting discounts and expenses.
The company granted a 45-day over-allotment option for 382,500 shares (15%). Shares are expected to begin trading on NYSE American under the ticker TCGL on October 15, 2025, with the offering expected to close on or about October 16, 2025, subject to customary conditions.
Cathay Securities is lead book-running manager and Revere Securities is co-underwriter; the registration statement on Form F-1 was declared effective by the SEC on September 30, 2025.
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