Happy City Holdings Limited, a well-established all-you-can-eat hotpot restaurant operator in Hong Kong, has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission $(SEC.UK)$ for its initial public offering $(IPO.UK)$. The offering includes the sale of Class A Ordinary Shares, which began trading on the Nasdaq Capital Market under the symbol "HCHL." The underwriters have partially exercised their over-allotment option, leading to the sale of an additional 112,000 shares at $5.00 per share, generating an additional $0.56 million in gross proceeds. Overall, the company sold a total of 1,212,000 shares, raising $6.06 million in gross proceeds before underwriting discounts and other expenses. The registration statement was declared effective by the SEC on May 30, 2025.
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