Bluemount Holdings Limited Announces Partial Exercise of Underwriters' Over-Allotment Option in Connection with its Initial Public Offering
- Bluemount Holdings Limited announced that its underwriter partially exercised an over-allotment option, acquiring 140,000 Class B Ordinary Shares at $4.00 each, generating $560,000 in additional gross proceeds.
- The total shares sold in the initial public offering increased to 1,515,000 Class B Ordinary Shares, raising total gross proceeds to $6,060,000, excluding underwriting discounts.
- The over-allotment option was closed on July 30, 2025, following the company's shares debut on Nasdaq Capital Market on July 11, 2025, under the symbol 'BMHL.'
- Dominari Securities LLC was the lead underwriter, with Pacific Century Securities, LLC and Revere Securities LLC serving as co-underwriters for the offering.
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Bluemount Holdings Limited Announces Partial Exercise of Underwriters' Over-Allotment Option in Connection with its Initial Public Offering
HONG KONG, July 30, 2025 /PRNewswire/ -- Bluemount Holdings Limited (Nasdaq: BMHL) ("Bluemount" or the "Company"), a Hong Kong-based consulting and advisory and financial services provider, as well as trader of commodities such as luxury timepieces, today announced that the…
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Total News Sources30
Leaning Left3Leaning Right5Center4Last UpdatedBias Distribution42% Right
Bias Distribution
- 42% of the sources lean Right
42% Right
L 25%
C 33%
R 42%
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