SU Group Holdings Ltd

SU Group Holdings Ltd (SUGP) priced its initial public offering on Jan 23, 2024 at $4.00 per share, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $53M. Benchmark was lead-left underwriter. Ellenoff Grossman & Schole, Conyers Dill & Pearman, Watson Farley & Williams and Han Kun advised the company and Nelson Mullins advised the underwriters.

SU Group Holdings Ltd is a Cayman Islands holding company whose Hong Kong subsidiaries form an integrated security-related services business. It mainly provides security systems engineering, including design, supply, installation and maintenance, and to a lesser extent guarding, screening and vocational training services.

Status

IPO

Ticker

SUGP

Exchange

Nasdaq Capital Market

Priced

Jan 23, 2024

IPO price

$4.00

Market cap at IPO price

$53M

First filed

Nov 22, 2023

Underwriters

Benchmark

Company counsel

Ellenoff Grossman & Schole, Conyers Dill & Pearman, Watson Farley & Williams and Han Kun

Underwriters' counsel

Nelson Mullins

Sector

Business services

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