{"id":881739,"date":"2025-09-03T16:34:27","date_gmt":"2025-09-03T20:34:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\/"},"modified":"2025-09-03T16:34:27","modified_gmt":"2025-09-03T20:34:27","slug":"buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\/","title":{"rendered":"BUUU Group Limited Announces Partial Exercise of Underwriter\u2019s Over-Allotment Option"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">Hong Kong, Sept.  03, 2025  (GLOBE NEWSWIRE) &#8212;  BUUU Group Limited (Nasdaq: BUUU) (the \u201cCompany\u201d), an established \u00a0meetings, incentives, conferences and exhibitions (\u201cMICE\u201d) solutions provider based in Hong Kong , today announced the partial exercise of the over-allotment option (the \u201cOver-Allotment\u201d) by the underwriter (the \u201cUnderwriter\u201d) of its initial public offering (the \u201cOffering\u201d) to purchase an additional 175,000 Class A ordinary shares (the \u201cClass A Ordinary Shares\u201d) of the Company at the public offering price of US$4.00 per share and the closing of such issuance.<\/p>\n<p align=\"justify\">The Class A Ordinary Shares commenced trading on the Nasdaq Capital Market on August 14, 2025, under the symbol \u201cBUUU.\u201d<\/p>\n<p align=\"justify\">The Company received aggregate gross proceeds of US$700,000 from this Over-Allotment closing, and the aggregate gross proceeds from the Offering increased to US$6.7 million, before deducting underwriting discounts and other related expenses.<\/p>\n<p align=\"justify\">The Company intends to use the net proceeds for enhancing its brand recognition, strengthening its marketing initiatives, expanding service offerings, integrating advanced technologies to its operations, expansion into the U.S. and Southeast Asia markets, and general corporate purposes.<\/p>\n<p align=\"justify\">The Offering was conducted on a firm commitment basis. Dominari Securities LLC acted as the representative of the underwriters, with Revere Securities LLC and Pacific Century Securities LLC acting as the co-underwriters (collectively, the \u201cUnderwriters\u201d) for the Offering.\u00a0Ortoli Rosenstadt LLP, Ogier, David Fong &amp; Co. acted as United States, British Virgin Islands, and Hong Kong legal counsels to the Company, respectively. Onestop Assurance PAC acted as the reporting accountants of the Company. Sichenzia Ross Ference Carmel LLP acted as legal counsel to the Underwriters for the Offering.<\/p>\n<p align=\"justify\">The Offering was conducted pursuant to the Company\u2019s Registration Statement on Form F-1 (File No. 333-286203) previously filed with, and subsequently declared effective by the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) on August 13, 2025. A final prospectus describing the terms of the Offering was filed with the SEC on August 14, 2025, and is available on the SEC\u2019s website at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XeSxWo_1lZ1vhehAcckmW51W7w7T1YPlhOgYFV0E7NzTCQMrn0PdFqxf7CWV6XUcsFYQSDggddGwv8UKGJ3PhQ==\" rel=\"nofollow\" target=\"_blank\"><u>www.sec.gov<\/u><\/a>. Alternatively, copies of the prospectus relating to the Offering may be obtained, when available, from Dominari Securities LLC by email at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=bJfeb9x32LdaGimtBm1L308ppqQUWXrLS1p9Dwbi6rl4yoNLIDZECSSKHBVIRuA8o8QFhXs0FsEKogQIgh_PpdvIEZwc5UhhL_UIdS1O81Ma-nmh831xk-yZYZAd6r4u\" rel=\"nofollow\" target=\"_blank\"><u>info@dominarisecurities.com<\/u><\/a>, by standard mail to Dominari Securities LLC, 725 Fifth Avenue, 23rd Floor New York, NY 10022, or by telephone at (212) 393-4500; or from Revere Securities LLC by email at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=cG5ael48JfZ601sptdwB1qRkEJCtTMcaznBHXvnDMmeLEFpGgPcAc3IUimadVYKl-MKOByyMLsxgSaJ6iu3COdRY8aY4wHqhRCja4n4XZOPSQPtcSTu3J9xR9qaBWbQO\" rel=\"nofollow\" target=\"_blank\"><u>contact@reveresecurities.com<\/u><\/a>, by standard mail to Revere Securities LLC, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by telephone at +1 (212) 688-2350; or from Pacific Century Securities LLC by email at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=mBpYOJkuDzpkOJPjpKYUZWuUJYix91t_2GhQCuKj6mr7B1TyNF4uL_ZJgnW40wNx3cP52kUQYTQcfpL4deNfhHpWQGBMt7PWMqdqRa-Jj6E=\" rel=\"nofollow\" target=\"_blank\"><u>project@pcsecurities.us<\/u><\/a>, by standard mail to Pacific Century Securities, LLC, 60-20 Woodside Avenue Ste 211 Queens, NY 11377, or by telephone at 212-970-8868.<\/p>\n<p align=\"justify\">Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, and no sale of these securities may be made in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.<\/p>\n<p align=\"justify\">\n        <strong>About BUUU Group Limited<\/strong>\n      <\/p>\n<p align=\"justify\">Headquartered in Hong\u00a0Kong, we have grown into a premier MICE solutions provider. Our comprehensive MICE solutions portfolio is designed to meet the diverse needs of our clients, spanning across two core areas \u2013 event management and stage production. Our diverse clientele includes public institutions, marketing and public relations firms, real estate corporations, and various established brands. We are committed to craft innovative and high-quality\u00a0experiences that meet our clients\u2019 unique specifications and drive their success.<\/p>\n<p align=\"justify\">\n        <strong>FORWARD-LOOKING STATEMENTS<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as \u201cmay, \u201cwill, \u201cintend,\u201d \u201cshould,\u201d \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cproject,\u201d \u201cestimate\u201d or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company\u2019s statements regarding its intended use of proceeds from the sale of Company\u2019s Class A Ordinary Shares in the Offering.\u00a0Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company\u2019s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the \u201cRisk Factors\u201d section of the registration statement filed with the SEC.\u00a0For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company\u2019s filings with the SEC, which are available for review at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XeSxWo_1lZ1vhehAcckmW-fQYv-QF47XP2mcmBld70stYVNYho1VnPGdElb6xo1Kx9sUKBLXLRt_8NAlJrzz5A==\" rel=\"nofollow\" target=\"_blank\"><u>www.sec.gov<\/u><\/a>. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.\u00a0<\/p>\n<p>\n        <strong>Contacts<\/strong>\n      <\/p>\n<p>BUUU Group Limited<br \/>Investor Relations<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jDfKWq3L1CBjQ24Fr-qiybSJdS1SA4a_Jru_vdXaQ4dC5Levq_gEMBl1260fQar4zzyiBv4rVbnKJhFEwiFxbMs9YKS1wFrcQOraOthTG1Y=\" rel=\"nofollow\" target=\"_blank\"><u>ir@buuugroup.com<\/u><\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUyMjgyOCM3MTI4OTc0IzUwMDE1MDUyNQ==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MWRhODZjYjItNmYyMC00ZDIxLTk0OTktODI2MTFhODg5M2NkLTUwMDE1MDUyNS0yMDI1LTA5LTAzLWVu\/tiny\/BUUU-Group-Limited.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong, Sept. 03, 2025 (GLOBE NEWSWIRE) &#8212; BUUU Group Limited (Nasdaq: BUUU) (the \u201cCompany\u201d), an established \u00a0meetings, incentives, conferences and exhibitions (\u201cMICE\u201d) solutions provider based in Hong Kong , today announced the partial exercise of the over-allotment option (the \u201cOver-Allotment\u201d) by the underwriter (the \u201cUnderwriter\u201d) of its initial public offering (the \u201cOffering\u201d) to purchase an additional 175,000 Class A ordinary shares (the \u201cClass A Ordinary Shares\u201d) of the Company at the public offering price of US$4.00 per share and the closing of such issuance. The Class A Ordinary Shares commenced trading on the Nasdaq Capital Market on August 14, 2025, under the symbol \u201cBUUU.\u201d The Company received aggregate gross proceeds of US$700,000 from this Over-Allotment closing, and the aggregate &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BUUU Group Limited Announces Partial Exercise of Underwriter\u2019s Over-Allotment Option&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-881739","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BUUU Group Limited Announces Partial Exercise of Underwriter\u2019s Over-Allotment Option - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BUUU Group Limited Announces Partial Exercise of Underwriter\u2019s Over-Allotment Option - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Hong Kong, Sept. 03, 2025 (GLOBE NEWSWIRE) &#8212; BUUU Group Limited (Nasdaq: BUUU) (the \u201cCompany\u201d), an established \u00a0meetings, incentives, conferences and exhibitions (\u201cMICE\u201d) solutions provider based in Hong Kong , today announced the partial exercise of the over-allotment option (the \u201cOver-Allotment\u201d) by the underwriter (the \u201cUnderwriter\u201d) of its initial public offering (the \u201cOffering\u201d) to purchase an additional 175,000 Class A ordinary shares (the \u201cClass A Ordinary Shares\u201d) of the Company at the public offering price of US$4.00 per share and the closing of such issuance. The Class A Ordinary Shares commenced trading on the Nasdaq Capital Market on August 14, 2025, under the symbol \u201cBUUU.\u201d The Company received aggregate gross proceeds of US$700,000 from this Over-Allotment closing, and the aggregate &hellip; Continue reading &quot;BUUU Group Limited Announces Partial Exercise of Underwriter\u2019s Over-Allotment Option&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-03T20:34:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUyMjgyOCM3MTI4OTc0IzUwMDE1MDUyNQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"BUUU Group Limited Announces Partial Exercise of Underwriter\u2019s Over-Allotment Option\",\"datePublished\":\"2025-09-03T20:34:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\\\/\"},\"wordCount\":851,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTUyMjgyOCM3MTI4OTc0IzUwMDE1MDUyNQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\\\/\",\"name\":\"BUUU Group Limited Announces Partial Exercise of Underwriter\u2019s Over-Allotment Option - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\/","og_locale":"en_US","og_type":"article","og_title":"BUUU Group Limited Announces Partial Exercise of Underwriter\u2019s Over-Allotment Option - Market Newsdesk","og_description":"Hong Kong, Sept. 03, 2025 (GLOBE NEWSWIRE) &#8212; BUUU Group Limited (Nasdaq: BUUU) (the \u201cCompany\u201d), an established \u00a0meetings, incentives, conferences and exhibitions (\u201cMICE\u201d) solutions provider based in Hong Kong , today announced the partial exercise of the over-allotment option (the \u201cOver-Allotment\u201d) by the underwriter (the \u201cUnderwriter\u201d) of its initial public offering (the \u201cOffering\u201d) to purchase an additional 175,000 Class A ordinary shares (the \u201cClass A Ordinary Shares\u201d) of the Company at the public offering price of US$4.00 per share and the closing of such issuance. The Class A Ordinary Shares commenced trading on the Nasdaq Capital Market on August 14, 2025, under the symbol \u201cBUUU.\u201d The Company received aggregate gross proceeds of US$700,000 from this Over-Allotment closing, and the aggregate &hellip; Continue reading \"BUUU Group Limited Announces Partial Exercise of Underwriter\u2019s Over-Allotment Option\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\/","og_site_name":"Market Newsdesk","article_published_time":"2025-09-03T20:34:27+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUyMjgyOCM3MTI4OTc0IzUwMDE1MDUyNQ==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"BUUU Group Limited Announces Partial Exercise of Underwriter\u2019s Over-Allotment Option","datePublished":"2025-09-03T20:34:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\/"},"wordCount":851,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUyMjgyOCM3MTI4OTc0IzUwMDE1MDUyNQ==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/buuu-group-limited-announces-partial-exercise-of-underwriters-over-allotment-option\/","name":"BUUU Group Limited Announces Partial Exercise of Underwriter\u2019s Over-Allotment Option - 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