Neo-Concept International Group Holdings Ltd Announces Pricing of $2.0 Million Registered Direct Offering
Key Highlights
- ➤Neo-Concept (NCI) priced registered direct offering of 2,000,000 Class A ordinary shares
- ➤Offering price is $1.00 per share or $0.99 per pre-funded warrant
- ➤Gross proceeds estimated at approximately $2.0 million before offering expenses
- ➤Purchaser may elect up to 200% additional securities within 60 days
- ➤Offering expected to close on or about October 1, 2026
HONGKONG, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Neo-Concept International Group Holdings Ltd (NASDAQ: NCI) (“Neo-Concept” or the “Company”), a one-stop apparel solution services provider, today announced that it has entered into securities purchase agreements with certain institutional investor for the purchase and sale of 2,000,000 of the Company’s Class A ordinary shares (the “Class A ordinary shares”) (or pre-funded warrants in lieu of Class A ordinary shares), at an offering price of $1.00 per share (or $0.99 per pre-funded warrant, which is equal to the per share offering price minus the $0.01 per share exercise price of each pre-funded warrant), in a registered direct offering(the “Offering”).In addition, the purchaser may elect to purchase up to 200% additional Class A ordinary shares and/or pre-funded warrants at the same purchase price within sixty (60) days of the date hereof, subject to certain conditions.
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