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Why Did Empro Group Stock Soar 98.62% Post-IPO?
Generated by AI AgentAinvest Pre-Market Radar
Thursday, Jul 3, 2025 7:43 am ET1min read
Empro Group's stock surged by 98.62% in pre-market trading on July 3, 2025, marking a significant milestone for the company.
Empro Group Inc. has successfully priced its initial public offering (IPO) at $4.00 per share, offering 1.375 million ordinary shares. The company aims to raise $5.5 million in gross proceeds from this offering. The shares are set to commence trading on the Nasdaq Capital Market under the ticker symbol "EMPG" on July 2, 2025.
Empro Group, a rising beauty and personal care brand headquartered in Malaysia, has garnered attention with its IPO. The company's shares opened at $4.26, slightly above the IPO price, indicating strong investor interest. R.F. Lafferty acted as the sole underwriter for the offering, further solidifying the company's financial backing.
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