Mega Fortune Co Ltd

Mega Fortune Co Ltd (MGRT) priced its initial public offering on Jul 16, 2025 at $4.00 per share, within its $4.00–$5.00 range, raising $15M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $55M. D. Boral Capital was lead-left underwriter. FisherBroyles and Travers Thorp Alberga advised the company and JunHe advised the underwriters.

Mega Fortune Co Ltd is an Internet of Things (IoT) solution provider in Hong Kong. Through its operating subsidiary QBS System Limited, founded in 2011, it delivers IoT solutions and services across various industries.

Status

IPO

Ticker

MGRT

Exchange

Nasdaq Capital Market

Priced

Jul 16, 2025

IPO price

$4.00

Price range

$4.00–$5.00

Raised

$15M

Market cap at IPO price

$55M

First filed

Nov 4, 2024

Underwriters

D. Boral Capital

Company counsel

FisherBroyles and Travers Thorp Alberga

Underwriters' counsel

JunHe

Sector

Technology

Country / state

China

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