OneConstruction Group Limited Announces Pricing of Initial Public Offering
OneConstruction Group , a Hong Kong-based structural steelwork contractor, has announced the pricing of its initial public offering (IPO) of 1,750,000 ordinary shares at US$4.00 per share. The company's shares are set to begin trading on the Nasdaq Capital Market under the ticker symbol ONEG on December 31, 2024. Underwriters have a 45-day option to purchase up to 15% additional shares. The IPO is being conducted on a firm commitment basis, with American Trust Investment Services and WestPark Capital serving as underwriters, and WestPark Capital acting as the book-running manager.
OneConstruction Group, un imprenditore di lavori in acciaio strutturale con sede a Hong Kong, ha annunciato il prezzo della sua offerta pubblica iniziale (IPO) di 1.750.000 azioni ordinarie a 4,00 dollari USA per azione. Le azioni dell'azienda inizieranno a essere scambiate sul Nasdaq Capital Market con il simbolo ticker ONEG il 31 dicembre 2024. Gli underwriter hanno la possibilit脿 di acquistare fino al 15% di azioni aggiuntive in un arco di 45 giorni. L'IPO viene effettuata su base di impegno fermo, con American Trust Investment Services e WestPark Capital che fungono da underwriter, e WestPark Capital che agisce come gestore delle prenotazioni.
OneConstruction Group, un contratista de trabajos de acero estructural con sede en Hong Kong, ha anunciado el precio de su oferta p煤blica inicial (IPO) de 1,750,000 acciones ordinarias a 4.00 d贸lares estadounidenses por acci贸n. Las acciones de la empresa comenzar谩n a cotizar en el Nasdaq Capital Market bajo el s铆mbolo de cotizaci贸n ONEG el 31 de diciembre de 2024. Los suscriptores tienen una opci贸n de 45 d铆as para comprar hasta el 15% de acciones adicionales. La IPO se est谩 llevando a cabo en una base de compromiso firme, con American Trust Investment Services y WestPark Capital actuando como suscriptores, y WestPark Capital como el gerente de libros.
OneConstruction Group電 頇嶌僵鞐 氤胳偓毳 霊 甑“ 臧曥矤 瓿奠偓 瓿勳暯鞐呾泊搿, 靸侅灔 瓿惦 (IPO)毳 韱淀暣 1,750,000欤茧ゼ 欤茧嫻 4.00雼煬鞐 臧瓴╈潉 氚滍憸頄堨姷雼堧嫟. 須岇偓鞚 欤检嫕鞚 2024雲 12鞗 31鞚茧秬韯 Nasdaq Capital Market鞐愳劀 ONEG霛茧姅 欤检嫕 旮绊樃搿 瓯半灅毳 鞁滌瀾頃 鞓堨爼鞛呺媹雼. 鞚胳垬鞚鸽摛鞚 45鞚 霃欖晥 於旉皜搿 斓滊寑 15%鞚 欤检嫕鞚 甑Г頃 靾 鞛堧姅 鞓奠厴鞚 臧歆瓿 鞛堨姷雼堧嫟. IPO電 頇曥爼 鞎届爼鞚 旮半皹鞙茧 歆勴枆霅橂┌, American Trust Investment Services鞕 WestPark Capital鞚 鞚胳垬鞚胳溂搿, WestPark Capital鞚 攵侅爜 甏毽瀽搿 頇滊彊頃╇媹雼.
OneConstruction Group, un entrepreneur en travaux d'acier structurel bas茅 脿 Hong Kong, a annonc茅 le prix de son offre publique initiale (IPO) de 1 750 000 actions ordinaires 脿 4,00 $ US par action. Les actions de la soci茅t茅 commenceront 脿 锚tre 茅chang茅es sur le Nasdaq Capital Market sous le symbole boursier ONEG le 31 d茅cembre 2024. Les souscripteurs disposent d'une option de 45 jours pour acheter jusqu'脿 15 % d'actions suppl茅mentaires. L'IPO est r茅alis茅e sur une base d'engagement ferme, avec American Trust Investment Services et WestPark Capital comme souscripteurs, et WestPark Capital agissant en tant que gestionnaire des livres.
OneConstruction Group, ein in Hongkong ans盲ssiger Anbieter von Stahlbauarbeiten, hat den Preis f眉r seine Erstver枚ffentlichung (IPO) von 1.750.000 Stammaktien zu 4,00 US-Dollar pro Aktie bekannt gegeben. Die Aktien des Unternehmens werden am 31. Dezember 2024 unter dem Tickersymbol ONEG am Nasdaq Capital Market gehandelt. Die Underwriter haben eine 45-t盲gige Option, bis zu 15 % weitere Aktien zu erwerben. Die IPO wird auf der Basis einer festen Verpflichtung durchgef眉hrt, wobei American Trust Investment Services und WestPark Capital als Underwriter fungieren und WestPark Capital als Buchf眉hrer auftritt.
- Successfully priced IPO at $4.00 per share
- Secured listing on Nasdaq Capital Market
- Potential for additional capital through 15% underwriter option
- Relatively small IPO size of 1.75 million shares
- Potential dilution from underwriter's 15% option exercise
Insights
The Offering is being conducted on a firm commitment basis. American Trust Investment Services and WestPark Capital acted as Underwriters. WestPark Capital was the book-running manager for the Offering.听Hunter Taubman Fischer & Li LLC is acting as
A registration statement on Form F-1 (File No. 333-28316) relating to the Offering, as amended, has been filed with the
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 the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About OneConstruction Group
OneConstruction Group is听a听structural steelwork contractor in
Forward-Looking Statements
All forward-looking statements, expressed or implied, in this release are based only on information currently available to us and speak only as of the date on which they are made. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions in this prospectus. Except as otherwise required by applicable law, we disclaim any duty to publicly update any forward-looking statement, each of which is expressly qualified by the statements in this section, to reflect events or circumstances after the date of this release.听These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the registration statement filed with the SEC.听Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at .
Contacts
Media Relations
Ms. Callis Lau / Mr. Gary Li / Ms. Lorraine Luk
callis.lau@iprogilvy.com听/ gary.li@iprogilvy.com / lorraine.luk@iprogilvy.com
Investor Relations
Mr. Gordon Li
gli@oneconstruction.com.hk
听
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SOURCE OneConstruction Group Limited
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