MasterBeef Group, a Hong Kong-based restaurant chain specializing in Taiwanese hotpot and barbecue, has announced the issuance of an additional 155,000 ordinary shares at $4.00 per share, generating gross proceeds of approximately $620,000. This follows the partial exercise of the underwriter's over-allotment option linked to the company's initial public offering. The shares are traded on the Nasdaq Capital Market under the symbol "MB." The company plans to use the funds to expand its restaurant network, enhance marketing efforts, produce semi-finished food products, invest in technology solutions, and for general corporate purposes. Dominari Securities LLC and Revere Securities LLC acted as underwriters for the offering.
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