DirectBooking Technology Co., Ltd.

DirectBooking Technology Co., Ltd. (PGHL) priced its initial public offering on Jul 22, 2024 at $4.00 per share, within its $4.00–$6.00 range, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $96M. Bancroft was lead-left underwriter. Appleby and Hunter Taubman Fischer & Li advised the company and Bancroft Capital and Ortoli Rosenstadt advised the underwriters.

At its 2024 IPO, Primega Group (now DirectBooking Technology) was a Cayman Islands holding company operating in Hong Kong through Primega Construction, which provides soil and rock transportation and diesel oil transportation services to construction sites.

Status

IPO

Ticker

PGHL

Exchange

Nasdaq Capital Market

Priced

Jul 22, 2024

IPO price

$4.00

Price range

$4.00–$6.00

Market cap at IPO price

$96M

First filed

Mar 6, 2024

Underwriters

Bancroft

Company counsel

Appleby and Hunter Taubman Fischer & Li

Underwriters' counsel

Bancroft Capital and Ortoli Rosenstadt

Sector

Other

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.