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Empro Group Inc. prices US$5.5 million IPO, shares surge on first trading day
Published:  Jul 3, 2025 5:34 PM
Updated: 9:48 AM

Empro Group Inc. (“EMPG” or the “Company”), a rising beauty and personal care brand headquartered in Malaysia, announced the pricing of its initial public offering (IPO) of 1,375,000 ordinary shares at US$4 per share, generating approximately US$5.5 million in gross proceeds before underwriting discounts and offering expenses. The Company’s shares debuted on the Nasdaq Capital Market on July 2, 2025, under the ticker symbol “EMPG”.

In a strong showing of investor confidence, Empro Group’s shares surged 15.5 percent in intraday trading on their first day, signalling enthusiastic market interest in the Company’s public debut. The share price jump reflects growing optimism around Empro’s market position, strategic potential, and expansion plans in the beauty, skincare, and healthcare sectors.

The IPO was conducted on a firm commitment basis with RF Lafferty & Co, Inc. serving as the sole underwriter. The Company also granted the underwriter a 45-day option to purchase up to an additional 206,250 shares at the IPO price, less underwriting discounts, to cover over-allotments, if any.

The offering is expected to officially close on July 3, 2025, subject to customary closing conditions.

Empro Group’s successful Nasdaq listing was facilitated by strategic advisory from 229 Capital, a Labuan‑based fund specialising in capital market transitions. According to 229 Capital’s portfolio, the firm provided critical support in navigating US listing requirements and execution, helping Empro secure its place on the Nasdaq Capital Market.

Founded in Malaysia and initially known for its expertise in eyebrow embroidery, Empro Group Inc. has evolved into a diversified beauty and personal care company with a growing presence in Southeast Asia and Europe. The Company now operates across three core verticals: cosmetics, skincare, and healthcare, offering accessible and high-quality self-care products to an international customer base.

The IPO marks a significant milestone in Empro Group’s growth journey, enabling the Company to accelerate its expansion plans and strengthen its position in the global beauty and wellness market.

For more information, please visit https://www.empro.my/.


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