BUKIT MERTAJAM, MALAYSIA, Oct. 17, 2025 (GLOBE NEWSWIRE) -- CCH Holdings Ltd (the “Company”), a Malaysia-based specialty hotpot restaurant chain, today announced that the underwriters of its previously announced initial public offering (the “Offering”), which closed on October 6, 2025, have exercised their over-allotment option (the “Over-Allotment Option”) in full to purchase an additional 187,500 ordinary shares at the public offering price of US$4.00 per ordinary share resulting in additional gross proceeds of US$750,000, before deducting the estimated underwriting discounts and commissions, non-accountable expense allowance, and estimated offering expenses payable by the Company. After giving effect to the full exercise of the Over-Allotment Option, the total number of ordinary shares sold by the Company in the Offering increased to 1,437,500 ordinary shares and the gross proceeds increased to US$5,750,000, before deducting the estimated underwriting discounts and commissions, non-accountable expense allowance, and estimated offering expenses payable by the Company. The closing of the exercise of the Over-Allotment Option occurred on October 17, 2025. The Company’s ordinary shares began trading on the Nasdaq Capital Market under the symbol “CCHH” on October 3, 2025.
CCH Holdings Ltd Announces Full Exercise of Over-Allotment Option
Seeking Alpha / 13 hours ago 1 Views
Comments