OFA Group, an architectural design firm, has announced the pricing of its initial public offering $(IPO.UK)$ of 3,750,000 ordinary shares at $4.00 per share, aiming to raise $15 million. The shares are set to begin trading on the Nasdaq Capital Market under the ticker symbol "OFAL." The IPO, expected to close shortly, is underwritten by R.F. Lafferty & Co., Inc. The firm plans to allocate the proceeds for developing architectural AI services, enhancing service capacity with new teams, and general working capital, including establishing a U.S. subsidiary and expanding sales and marketing efforts.
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