OFA Group, an integrated architecture and technology firm, has announced the successful exercise and closing of the underwriter's full over-allotment option in connection with its initial public offering. This option allowed the purchase of an additional 562,500 ordinary shares at a price of $4.00 per share. As a result, the total number of shares sold in the offering increased to 4,312,500, raising gross proceeds of $17,250,000 before underwriting discounts and commissions. R.F. Lafferty & Co., Inc. served as the sole underwriter for the offering.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.