OFA Group Closes IPO with Full Over-Allotment, Raising $17.25 Million

Reuters
06-06
OFA Group Closes IPO with Full Over-Allotment, Raising $17.25 Million

OFA Group, an integrated architecture and technology firm, has announced the successful exercise and closing of the underwriter's full over-allotment option in connection with its initial public offering. This option allowed the purchase of an additional 562,500 ordinary shares at a price of $4.00 per share. As a result, the total number of shares sold in the offering increased to 4,312,500, raising gross proceeds of $17,250,000 before underwriting discounts and commissions. R.F. Lafferty & Co., Inc. served as the sole underwriter for the offering.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OFA Group published the original content used to generate this news brief via Newsfile (Ref. ID: 254673) on June 05, 2025, and is solely responsible for the information contained therein.

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