We are pleased to announce that Empro Group Inc. (“Empro”), a rising beauty and personal care brand headquartered in Malaysia, has priced its upsized initial public offering of 1,375,000 ordinary shares at $4.00 per share, for total gross proceeds of approximately $5.5 million before deducting underwriting discounts and other offering expenses. Empro’s ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on July 2, 2025, under the ticker symbol “EMPG”.
Under the terms of the offering, Empro has granted the underwriter a 45-day option to purchase up to an additional 206,250 ordinary shares to cover over-allotments, if any. The offering is expected to close on July 3, 2025, subject to customary closing conditions.
R.F. Lafferty & Co., Inc. acted as the sole underwriter for the offering. Alarar Capital Group is acting as financial advisor to Empro. Pryor Cashman LLP is serving as U.S. legal counsel to Empro, and Sichenzia Ross Ference Carmel LLP is acting as U.S. legal counsel to the underwriter.
“This listing marks an important milestone for Empro as it expands its international presence and connects with a broader investor base,” said Nigel Wong, Director at Alarar Capital Group. “We are proud to support Empro in its journey and look forward to seeing the brand continue to strengthen its global footprint.”
About Empro Group Inc.
Empro Group Inc. is a fast-growing beauty and personal care brand based in Malaysia. Originally rooted in eyebrow embroidery, Empro has evolved into a trusted name across cosmetics, skincare, and healthcare, with an expanding presence throughout Southeast Asia and Europe. The company is dedicated to delivering accessible and high-quality self-care solutions while honoring its humble beginnings. For more information, please visit: https://www.empro.my/.
About Alarar Capital Group
Alarar Capital Group is a globally based investment bank and management consultancy firm, specializing in bridging Asia and the West. Our services encompass a full spectrum of financial solutions, including IPOs, M&A, financing, venture capital, and SPACs. Alarar Capital Group also includes an independent consulting division dedicated to addressing the unique challenges faced by companies operating across both Asian and Western markets. Headquartered in Hong Kong, with offices across Mainland China, the USA, Malaysia, Indonesia, Vietnam, India, Sweden, and the UAE, we are well-positioned to provide cross-border financial and advisory services.
Our commitment to anticipating market trends and delivering client-centered solutions has earned Alarar Capital Group the Frost & Sullivan 2024 Company of the Year Award in the Asian mid-market investment advisory sector.
For more information or any questions, please contact:
Nigel Wong
Director
[email protected]
For media inquiries, please contact:
Anna Sahlberg Carlsson
Marketing Manager
[email protected]