Zenta Group Company Limited (ZGM) saw its stock soar 8.75% in intraday trading following the announcement of its initial public offering (IPO) pricing. The significant uptick in share price reflects strong investor interest in the consulting and fintech solutions provider's market debut.

According to the company's statement, Zenta Group priced its IPO at $4 per share, offering 1.5 million shares to raise $6 million in gross proceeds. The IPO underwriters have been granted a 45-day option to purchase up to an additional 225,000 shares to cover over-allotments. Trading of ZGM shares on the Nasdaq Capital Market under the ticker symbol "ZGM" is expected to commence today, with the IPO slated to close on Wednesday.

Zenta Group's successful IPO pricing and the subsequent stock surge highlight the market's positive reception to new entrants in the fintech and consulting space. As the company prepares to leverage its newly acquired capital, investors will be closely watching how Zenta Group expands its operations and solidifies its position in the competitive fintech solutions market.