November 3, 2023
Alpha Technology Group Limited (the “Company”) (NASDAQ: ATGL), an established cloud-based IT solution service provider in Hong Kong, on November 2, 2023 announced the closing of its initial public offering (the “Offering”) of 1,750,000 ordinary shares at a public offering price of US$4.00 per ordinary share.
The Company received aggregate gross proceeds of approximately US$7 million from the Offering, before deducting underwriting discounts and other offering expenses.
Prime Number Capital LLC acted as the sole bookrunner for the Offering. Hunter Taubman Fischer & Li LLC (“HTFL”) acted as U.S. counsel to the Company. HTFL is a boutique law firm specializing in corporate, commercial and securities transactions, cross-border financing, immigration and taxation. Our team of lawyers works together so our clients can benefit from astute business experience and sophisticated legal solutions.