FAQ on Mega Fortune Company Limited's $15 Million Initial Public Offering

What is Mega Fortune Company Limited?

Mega Fortune Company Limited is an Internet of Things (IoT) solution provider based in Hong Kong, specializing in delivering comprehensive IoT solutions and services across various industries through its subsidiary, QBS System Limited.

How much did Mega Fortune Company Limited raise in its IPO?

The company raised $15 million in gross proceeds from its initial public offering by selling 3,750,000 ordinary shares at $4.00 per share.

When did Mega Fortune Company Limited’s shares start trading on the Nasdaq Capital Market?

The shares began trading on the Nasdaq Capital Market on July 16, 2025.

Who acted as the sole bookrunner for Mega Fortune Company Limited’s IPO?

D. Boral Capital LLC acted as the sole bookrunner for the offering.

What does Mega Fortune Company Limited aim to achieve with its IoT solutions?

The company aims to help enterprises through their digital transformation, launch IoT initiatives, and integrate IoT solutions with legacy systems to become more innovative, effective, and productive, with a vision to become the preferred IoT solutions provider in the Asia-Pacific region.

Where can I find more information about Mega Fortune Company Limited?

For more information, you can visit the company’s website at https://megafortune-group.com/.

What is the significance of Mega Fortune Company Limited’s IPO?

The IPO represents a significant milestone for Mega Fortune Company Limited, providing it with the capital to expand its IoT solutions and services, and strengthen its position in the Asia-Pacific market.

Did the underwriter have an option to purchase additional shares?

Yes, the company granted the underwriter a 45-day option to purchase up to an additional 562,500 ordinary shares at the public offering price.