Mint, a Hong Kong-based interior design and fit-out works provider, said late Wednesday it priced its initial public offering of about 1.8 million class A ordinary shares at $4 per share for gross proceeds of $7 million.
Underwriters have been granted a 45-day option to purchase up to an additional 262,500 shares.
The shares are expected to begin trading on Nasdaq Capital Market this Friday under the ticker symbol, "MIMI."
Proceeds from the offering, expected to close Monday, would be used to expand its operating scale, increase business and geographic coverage, as well as for potential strategic investments, IT upgrades, working capital and general corporate purposes.
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