Masonglory Limited prices IPO at $4 per share, expects $6 million in gross proceeds.

Masonglory Limited, a Hong Kong subcontractor, has priced its initial public offering of 1,500,000 ordinary shares at $4.00 per share, expecting gross proceeds of around $6 million. The shares will trade on Nasdaq under the symbol “MSGY” starting July 8, 2025, with the offering closing on July 9, 2025. The Company plans to use the net proceeds for workforce expansion, machinery acquisition, project portfolio diversification, marketing, and general corporate purposes. The Offering is being conducted on a firm commitment basis with D. Boral Capital LLC as the sole underwriter. Interested investors can obtain the prospectus from D. Boral Capital LLC or the SEC’s website.

Founded in 2018, Masonglory Limited specializes in wet trades services for property developers and the Hong Kong government. Their solutions include plastering, tile laying, bricklaying, floor screeding, and marble works. The Company’s IPO aims to strengthen its position in the market and fuel growth. This press release contains forward-looking statements about the Company’s plans and objectives. Investors are advised to review the Company’s filings with the SEC for a comprehensive understanding of the risks involved in investing in the Company. For further information, contact WFS Investor Relations Inc. at +1 628 283 9214 or [email protected].

Read more at GlobeNewswire: Masonglory Limited Announces Pricing of Its Initial Public