Etoiles Capital Group Closes $6.44M Sale of Class A Ordinary Shares.

Etoiles Capital Group Co., Ltd has closed the sale of 210,000 Class A ordinary shares at $4.00 per share, raising a total of $6,440,000. The proceeds will be used for business expansion, technology infrastructure, strategic marketing, and general corporate purposes. The offering was conducted on a firm commitment basis, with Prime Number Capital acting as the underwriter.

Etoiles Capital Group Co., Ltd has successfully closed the sale of an additional 210,000 Class A ordinary shares at a price of $4.00 per share, raising a total of $6.44 million. This sale, conducted on a firm commitment basis, follows the company's initial public offering (IPO) on August 11, 2025, where it raised $5.6 million by offering 1.4 million shares at the same price [1].

The additional shares were sold to underwriters, who exercised their over-allotment option granted during the IPO. This option allowed them to purchase up to 210,000 shares at the IPO price, less underwriting discounts. The total proceeds from the IPO and the additional sale amount to $6.44 million, which will be allocated towards business expansion, technology infrastructure, strategic marketing, and general corporate purposes [2].

The company's shares are now trading on the Nasdaq Capital Market under the ticker symbol "EFTY," enhancing its visibility and accessibility to a broader range of investors. Prime Number Capital, LLC acted as the underwriter for both the IPO and the additional share sale [1, 2].

References:
[1] https://www.quiverquant.com/news/Etoiles+Capital+Group+Co.%2C+Ltd+Completes+Successful+Initial+Public+Offering+on+Nasdaq
[2] https://www.globenewswire.com/news-release/2025/08/13/3132800/0/en/Etoiles-Capital-Group-Co-Ltd-Announces-Closing-of-Underwriters-Over-Allotment-Option-in-Connection-with-Initial-Public-Offering.html