Phoenix Asia Closes $6.4 Million IPO

MT Newswires Live

04/29

Phoenix Asia Holdings (PHOE) said late Monday it closed its initial public offering of 1.6 million shares at $4 each, for $6.4 million in gross proceeds.

The Hong Kong-focused substructure contractor granted a 45-day overallotment option to the underwriters to acquire up to 240,000 additional shares.

Phoenix Asia said it plans to use the proceeds for hiring, acquisitions and working capital and other general corporate purposes.

Its shares started trading on Nasdaq Capital Market under the ticker symbol PHOE Friday.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2531275803"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2531275803\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2531275803?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-29 16:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2531275803","market":"us","top_or_hot":-1,"title":"Phoenix Asia Closes $6.4 Million IPO","media":"MT Newswires Live","content":"<html><body><p> Phoenix Asia Holdings (PHOE) said late Monday it closed its initial public offering of 1.6 million shares at $4 each, for $6.4 million in gross proceeds.</p><p>The Hong Kong-focused substructure contractor granted a 45-day overallotment option to the underwriters to acquire up to 240,000 additional shares.</p><p>Phoenix Asia said it plans to use the proceeds for hiring, acquisitions and working capital and other general corporate purposes.</p><p>Its shares started trading on Nasdaq Capital Market under the ticker symbol PHOE Friday.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Phoenix Asia Closes $6.4 Million IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPhoenix Asia Closes $6.4 Million IPO\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time smaller\">2025-04-29 16:19</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><body><p> Phoenix Asia Holdings (PHOE) said late Monday it closed its initial public offering of 1.6 million shares at $4 each, for $6.4 million in gross proceeds.</p><p>The Hong Kong-focused substructure contractor granted a 45-day overallotment option to the underwriters to acquire up to 240,000 additional shares.</p><p>Phoenix Asia said it plans to use the proceeds for hiring, acquisitions and working capital and other general corporate purposes.</p><p>Its shares started trading on Nasdaq Capital Market under the ticker symbol PHOE Friday.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PHOE","symbol_name":"Phoenix Asia Holdings Ltd.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2531275803","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531275803","pubTimestamp":1745914746,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Phoenix Asia Holdings  said late Monday it closed its initial public offering of 1.6 million shares at $4 each, for $6.4 million in gross proceeds.The Hong Kong-focused substructure contractor granted a 45-day overallotment option to the underwriters to acquire up to 240,000 additional shares.Phoenix Asia said it plans to use the proceeds for hiring, acquisitions and working capital and other general corporate purposes.Its shares started trading on Nasdaq Capital Market under the ticker symbol PHOE Friday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PHOE":"Phoenix Asia Holdings Ltd."},"translate_title":"凤凰亚洲完成640万美元IPO","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PHOE":0.9},"content_text":"Phoenix Asia Holdings (PHOE) said late Monday it closed its initial public offering of 1.6 million shares at $4 each, for $6.4 million in gross proceeds.The Hong Kong-focused substructure contractor granted a 45-day overallotment option to the underwriters to acquire up to 240,000 additional shares.Phoenix Asia said it plans to use the proceeds for hiring, acquisitions and working capital and other general corporate purposes.Its shares started trading on Nasdaq Capital Market under the ticker symbol PHOE Friday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}