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Mega Fortune Company Limited shares rise 3.20% intraday after closing a $15 million initial public offering.
ByAinvest
Friday, Jul 18, 2025 10:36 am ET1min read
Mega Fortune Company Limited rose 3.20% in intraday trading, following the announcement of the closing of its initial public offering (IPO) of 3,750,000 ordinary shares at $4.00 per share, raising $15 million in aggregate gross proceeds. The company, an Internet of Things (IoT) solution provider in Hong Kong, also granted the underwriter a 45-day option to purchase up to an additional 562,500 ordinary shares at the public offering price, less the underwriting discounts.
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