Masonglory IPO to Price at $4 Per Share

Dow Jones

Jul 08

By Stephen Nakrosis

Masonglory expects its initial public offering to price at $4 per share, the bottom end of its expected range of $4 to $6.

The company said Monday it expects the offering to generate proceeds of about $6 million, prior to deductions for underwriting discounts and other offering expenses. Shares are expected to begin trading on the Nasdaq Capital Market on July 8 under the ticker symbol MSGY.

Underwriters will be granted the option to purchase up to an additional 225,000 ordinary shares.

Masonglory describes itself as a subcontractor providing wet trades and other ancillary services to property developers and the Hong Kong government.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

July 07, 2025 18:10 ET (22:10 GMT)

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Shares are expected to begin trading on the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Capital Market on July 8 under the ticker symbol MSGY. \n</p>\n<p>\n  Underwriters will be granted the option to purchase up to an additional 225,000 ordinary shares. \n</p>\n<p>\n  Masonglory describes itself as a subcontractor providing wet trades and other ancillary services to property developers and the <a href=\"https://laohu8.com/S/HKRHF\">Hong Kong</a> government. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 07, 2025 18:10 ET (22:10 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSGY","symbol_name":"Masonglory Ltd.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2549556539","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549556539","pubTimestamp":1751926200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Masonglory expects its initial public offering to price at $4 per share, the bottom end of its expected range of $4 to $6.The company said Monday it expects the offering to generate proceeds of about $6 million, prior to deductions for underwriting discounts and other offering expenses. Shares are expected to begin trading on the Nasdaq Capital Market on July 8 under the ticker symbol MSGY.Underwriters will be granted the option to purchase up to an additional 225,000 ordinary shares.Masonglory describes itself as a subcontractor providing wet trades and other ancillary services to property developers and the Hong Kong government.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MSGY":"Masonglory Ltd."},"translate_title":"Masonglory IPO定价为每股4美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSGY":1},"content_text":"By Stephen Nakrosis \n\n\n \n\n\n  Masonglory expects its initial public offering to price at $4 per share, the bottom end of its expected range of $4 to $6. \n\n\n  The company said Monday it expects the offering to generate proceeds of about $6 million, prior to deductions for underwriting discounts and other offering expenses. Shares are expected to begin trading on the Nasdaq Capital Market on July 8 under the ticker symbol MSGY. \n\n\n  Underwriters will be granted the option to purchase up to an additional 225,000 ordinary shares. \n\n\n  Masonglory describes itself as a subcontractor providing wet trades and other ancillary services to property developers and the Hong Kong government. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 07, 2025 18:10 ET (22:10 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}