FridayAug 08, 2025 11:25 am

QualityStocksNewsBreaks – Mega Fortune Company Limited (NASDAQ: MGRT) Closes $15 Million Initial Public Offering

Mega Fortune Company (NASDAQ: MGRT), an Internet of Things (“IoT”) solution provider in Hong Kong, closed its initial public offering of 3,750,000 ordinary shares at $4.00 per share, raising $15 million in gross proceeds before underwriting discounts and expenses. The shares began trading on the Nasdaq Capital Market on July 16, 2025. The company granted the underwriter a 45-day option to purchase up to an additional 562,500 ordinary shares at the public offering price. D. Boral Capital LLC acted as sole bookrunner for the offering. To view the full announcement, visit https://ibn.fm/f26ps About Mega Fortune Company Limited Mega Fortune Company Limited…

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