Empro Group Inc. Announces Closing of the Underwriter’s Partial Exercise of its Over-Allotment Option in Connection with its Upsized Initial Public Offering

Selangor, Malaysia, July 31, 2025 (GLOBE NEWSWIRE) -- Empro Group Inc. (the “Company” or “EMPG”), a rising beauty and personal care brand headquartered in Malaysia, today announced that it closed the sales of an additional 115,000 ordinary shares of the Company, representing the partial exercise of the underwriter’s over-allotment option granted in connection with the Company’s initial public offering (the “IPO”, and together with such over-allotment closing, the “Offering”), at the IPO price of $4.00 per share, less underwriting discounts. As a result, the Company has raised gross proceeds of $460,000 in addition to the previously announced IPO gross proceeds of approximately $5,500,000, before deducting underwriting discounts and other offering expenses.

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