Everbright Digital Holdings Limited, an integrated marketing solutions provider based in Hong Kong, has announced the issuance of an additional 160,000 ordinary shares at $4.00 per share, generating approximately $640,000 in gross proceeds. This follows the partial exercise of the underwriter's over-allotment option linked to the company's recent initial public offering. The shares are traded on the Nasdaq Capital Market under the ticker symbol "EDHL." The company plans to allocate the net proceeds for marketing and business expansion, research and development, overseas business development, talent acquisition and training, and working capital. Dominari Securities LLC led the underwriting process, with Revere Securities LLC as co-underwriter.
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