Singapore, May 02, 2025 (GLOBE NEWSWIRE) -- Concorde International Group Ltd. (NASDAQ: CIGL) (“Concorde” or the “Company”), an integrated security services provider that combines physical manpower and innovative technology to deliver effective security solutions, today announced that the underwriter of the Company’s previously announced initial public offering (the “Offering”) has exercised its over-allotment option (the “Over-Allotment Option”) in full and purchased an additional 187,500 Class A ordinary shares at a public offering price of US$4.00 per share, resulting in additional gross proceeds of $750,000. After giving effect to the full exercise of the Over-Allotment Option, the total number of Class A ordinary shares sold by the Company in the Offering increased to 1,437,500 Class A ordinary shares and the gross proceeds increased to $5,750,000 before deducting underwriting discounts and commissions.
Pinnacle Food, a provider of smart hydroponic growing systems and technical services, opened for trading this week, raising gross proceeds of about $7.2 million.
Singapore, April 23, 2025 (GLOBE NEWSWIRE) -- Concorde International Group Ltd. (NASDAQ: CIGL) (“Concorde” or the “Company”), an integrated security services provider that combines physical manpower and innovative technology to deliver effective security solutions, today announced the closing of its initial public offering (the "Offering") of 1,250,000 Class A ordinary shares (the "Class A Ordinary Shares") at a public offering price of US$4.00 per share for total gross proceeds of US$5.0 million, before deducting underwriting discounts and other offering expenses. The Offering closed on April 23, 2025 and the Class A Ordinary Shares began trading on Nasdaq Capital Market on April 22, 2025, under the ticker symbol "CIGL."
