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Zenta Group Company Limited Announces Full Exercise of Over-Allotment Option

1. Zenta Group raised $900,000 by fully exercising its over-allotment option. 2. Total gross proceeds from the IPO increased to $6.9 million.

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Why Bullish?

The successful exercise of the over-allotment option indicates strong investor confidence, similar to trends seen in successful IPOs with high demand, such as Lemonade (LMND). This generally supports a positive price movement for ZGM in the market.

How important is it?

The capital raised enhances ZGM's operational capacity and investor sentiment, crucial for newly public companies. This is particularly important for a nascent firm, as positive momentum can drive further investment and confidence.

Why Short Term?

Investor sentiment and immediate market reactions following the IPO announcement are expected to influence ZGM's price in the next few weeks, similar to past IPO performances that show early gains after additional capital raises.

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MACAU, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Zenta Group Company Limited (“Zenta Group” or the “Company”), a Macau-based professional services provider that offers consultation services to industrial park, business investment and sales of fintech products and services, today announced that the underwriters of its previously announced initial public offering (the “Offering”) have exercised their over-allotment option (the “Over-Allotment Option”) in full to purchase an additional 225,000 ordinary shares at the public offering price of $4.00 per share, resulting in additional gross proceeds of $900,000, before deducting underwriting discounts and other related expenses. After giving effect on the full exercise of the Over-Allotment Option, the total number of ordinary shares sold by the Company in the Offering increased to 1,725,000 ordinary shares and the gross proceeds increased to $6.9 million, before deducting underwriting discounts and other related expenses. The closing of the exercise of the Over-Allotment Option occurred on October 8, 2025. The Company's ordinary shares began trading on the Nasdaq Capital Market under the symbol “ZGM” on September 9, 2025.

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