SU Group (SUGP) Opens at $4.38, IPO Priced at $4

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SU Group Holdings Ltd (SUGP) Prices 1.25M Share IPO at $4/sh

January 23, 2024 5:40 PM EST

SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced the pricing of its initial public offering of 1,250,000 ordinary shares at a price of $4.00 per share.

The gross proceeds to SU Group from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by the Company, are expected to be $5.0 million. In addition, the Company has granted the underwriters a 30-day option... More