Masonglory IPO to Price at $4 Per Share

Dow Jones

07/08

By Stephen Nakrosis

Masonglory expects its initial public offering to price at $4 per share, the bottom end of its expected range of $4 to $6.

The company said Monday it expects the offering to generate proceeds of about $6 million, prior to deductions for underwriting discounts and other offering expenses. Shares are expected to begin trading on the Nasdaq Capital Market on July 8 under the ticker symbol MSGY.

Underwriters will be granted the option to purchase up to an additional 225,000 ordinary shares.

Masonglory describes itself as a subcontractor providing wet trades and other ancillary services to property developers and the Hong Kong government.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

July 07, 2025 18:10 ET (22:10 GMT)

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