Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Happy City Holdings Limited Class A ( (HCHL) ) has shared an update.
On July 7, 2025, Happy City Holdings Limited announced that the underwriters of its initial public offering partially exercised their over-allotment option, purchasing an additional 112,000 Class A Ordinary Shares at $5.00 per share. The closing of this transaction on July 11, 2025, increased the total gross proceeds from the offering to $6.06 million. The company plans to use the net proceeds to expand its business in Hong Kong and Southeast Asia, as well as for working capital and general corporate purposes.
More about Happy City Holdings Limited Class A
Headquartered in Hong Kong, Happy City Holdings Limited operates three all-you-can-eat hotpot restaurants offering mixed style, Shabu Shabu-style, and Thai-style specialty hotpot. The company focuses on providing an immersive dining experience through its unique brand image and commitment to food quality.
Average Trading Volume: 537,580
For detailed information about HCHL stock, go to TipRanks’ Stock Analysis page.