Concorde International Group closed IPO, raising $5 million, plans to fund electric vehicular mobile command centers.

From GlobeNewswire: 2025-04-23 11:25:00

Concorde International Group Ltd (NASDAQ: CIGL) closed its initial public offering, raising $5.0 million by selling 1,250,000 Class A ordinary shares at $4.00 per share on Nasdaq Capital Market under the ticker symbol “CIGL.” The underwriters have a 45-day option to purchase an additional 187,500 shares. Proceeds will fund electric vehicular mobile command centers, research, market development, product development, and general corporate purposes. The Offering was conducted by R.F. Lafferty & Co., Inc. A registration statement was filed with the SEC, and prospectuses are available for more information. Concorde specializes in integrated security solutions, utilizing advanced technology to enhance operational efficiency.



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