1. CCH Holdings Ltd plans an IPO of 1.25 million shares at $4 each. 2. Expected gross proceeds from the IPO are $5 million before expenses. 3. Company aims to use proceeds for expansion and strategic investments. 4. Shares will trade on Nasdaq under ticker 'CCHH' starting October 3, 2025. 5. Underwriters have an option to purchase an additional 187,500 shares.
FAQ
Why Bullish?
The IPO signifies growth potential, attracting investor interest. A successful IPO can lead to greater visibility and market confidence, as seen historically with similar restaurant sector IPOs like Shake Shack.
How important is it?
The IPO gives CCHH access to capital, influencing future growth trajectories and investor interest significantly.
Why Long Term?
Funding from the IPO allows for expansion that may drive revenue growth over time. Companies that utilize IPO proceeds effectively typically see sustained value increases.
CCH Holdings Ltd Announces Pricing of Initial Public Offering
December 31, 2025, Bukit Mertajam, Malaysia - CCH Holdings Ltd, a leading specialty hotpot restaurant chain, has priced its initial public offering (IPO) to raise substantial capital for growth and expansion.
Details of the Initial Public Offering
CCH Holdings Ltd, trading under the ticker symbol CCHH, has announced its IPO consisting of 1,250,000 ordinary shares priced at US$4.00 per share. This offering is expected to generate gross proceeds of US$5,000,000, before deductions for underwriting fees and other expenses.
The shares are approved for listing on the Nasdaq Capital Market and trading is anticipated to begin on October 3, 2025. The company has also provided underwriters with an over-allotment option to purchase an additional 187,500 ordinary shares within 45 days after the closure of the offering.
Utilization of Proceeds
Proceeds from the IPO will be allocated for:
- Expansion of the restaurant network
- Strategic investments and acquisitions
- Brand building and marketing initiatives
- Diversification of food ingredients and other product lines
- General corporate purposes
The expected closing date for the offering is October 6, 2025, contingent upon customary closing conditions being met.
Legal and Financial Advisors
Cathay Securities, Inc. serves as the representative of the underwriters for the IPO. Legal services for CCH Holdings Ltd are being provided by Hogan Lovells, with Lucosky Brookman LLP advising the underwriters.
A registration statement related to the offering has been submitted to the Securities and Exchange Commission (SEC) and declared effective. Further details, including a final prospectus, will be made available on the SEC's website.
About CCH Holdings Ltd
Founded in 2015, CCH Holdings Ltd has its roots in George Town, Penang, Malaysia. As one of the premier specialty hotpot chains in the country, the company is known for its signature chicken and fish head hotpot offerings. The brand operates under two main caterings: Chick Chicken Claypot House and Zi Wei Yuan, utilizing both company-owned and franchised outlets.
To learn more about the company and its offerings, visit the official website at CCH Holdings Ltd Investor Relations.
Cautionary Note Regarding Forward-Looking Statements
This announcement contains forward-looking statements as defined by the U.S. Private Securities Litigation Reform Act of 1995. Such statements include forecasts about the company's future operations, strategies, and potential outcomes. Caution is advised as actual results may differ significantly due to various factors, including market conditions and regulatory changes.