preloader icon



Apex Trader Funding (ATF) - News

Neo-Concept International Group Holdings Limited Announced Closing of Initial Public Offering

Hong Kong, April 25, 2024 (GLOBE NEWSWIRE) -- Neo-Concept International Group Holdings Limited (NASDAQ:NCI) (the "Company" or "Neo-Concept"), a one-stop apparel solution services provider which offers a full suite of services in the apparel supply chain, today announced the closing of its initial public offering (the "Offering") of 2,320,000 ordinary shares at a price of $4.00 per share. The aggregate gross proceeds from the Offering were $9.3 million, before deducting underwriting discounts and other related expenses. The ordinary shares began trading on The Nasdaq Capital Market on April 23, 2024 under the ticker symbol "NCI." The Offering was conducted on a firm commitment basis. Revere Securities LLC and R.F. Lafferty & Co., Inc. are Joint Book-Running Managers, with Dominari Securities LLC acting as Co-manager, for the Offering (the "Underwriters"). Loeb & Loeb LLP acted as counsel to the Company and Hunter Taubman Fischer & Li LLC acted as counsel to the Underwriters. A registration statement on Form F-1 relating to the Offering has been filed with the U.S. Securities and Exchange Commission ("SEC") (File Number: 333-275242) and was declared effective by the SEC on April 1, 2024. ...