Hong Kong Financial Advisory Firm Vittoria Limited (VTA.US) Reduces IPO Size with Expected 20% Decrease in Fundraising

Stock News
08/29

Hong Kong-based financial advisory and listing sponsorship services provider Vittoria Limited has reduced the proposed deal size for its upcoming IPO. The company now plans to issue 1.8 million shares at a price range of $4 to $5 per share, raising $8 million. The company had previously filed to issue 2.3 million shares at the same price range. At the midpoint of the revised deal size, Vittoria Limited's fundraising will be 20% less than previously expected.

The company provides listing sponsorship and securities-related services, as well as financial and compliance advisory services through its wholly-owned subsidiary Red Solar. The company is actively involved in Hong Kong's equity capital markets, with clients including private and listed companies in Hong Kong, mainland China, and Southeast Asian countries.

Vittoria Limited was established in 2017 and reported revenue of $4 million for the 12 months ended June 30, 2025. The company plans to list on NASDAQ under the ticker symbol VTA. American Trust Investment Services serves as the sole bookrunner for this transaction.

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