Aureus Greenway Holdings Inc. Sets IPO Pricing for NASDAQ Debut
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Aureus Greenway Holdings Inc. Sets Pricing for Initial Public Offering
Aureus Greenway Holdings Inc. (NASDAQ: AGH) has announced the pricing for its initial public offering (IPO), which signifies a significant milestone for the Company. As an operator of daily fee golf country clubs in Florida, Aureus Greenway shares are set to experience public trading soon.
Key Details of the IPO
The IPO will consist of 3,750,000 shares of common stock, with a public offering price set at $4.00 per share. This pricing is expected to yield gross proceeds of approximately $15,000,000, excluding any underwriting discounts and other expenses associated with the offering.
Breakdown of Share Offerings
In this offering, Aureus Greenway is responsible for the sale of 3,000,000 shares, while certain selling stockholders will contribute an additional 750,000 shares. Importantly, the Company will not receive proceeds from the shares sold by these stockholders, highlighting a strategic approach to share distribution.
Trading and Closing Timeline
Trading for Aureus Greenway's common stock on the Nasdaq Capital Market is anticipated to begin shortly, under the ticker symbol “AGH.” The Company expects to finalize the IPO within a few days, pending customary closing conditions. This rapid timeline reflects the Company's confidence in its market position and the desirability of its shares.
Key Underwriters and Legal Counsel
The firm Dominari Securities, LLC is leading the underwriting process, with support from Revere Securities LLC as the co-underwriter. Legal counsel is being provided by Ortoli Rosenstadt LLP for Aureus Greenway and by Sichenzia Ross Ference Carmel LLP for the underwriters. This robust team ensures that the offering adheres to regulatory standards and provides shareholders with confidence in the transaction.
Regulatory Filings and Updates
A registration statement on Form S-1 for the IPO was filed and subsequently declared effective by the U.S. Securities and Exchange Commission (SEC). The SEC’s thorough review process included several amendments, which were completed as recently as early 2025, demonstrating the Company's commitment to transparency and compliance.
Access to the Final Prospectus
For potential investors and interested parties, the final prospectus will be available soon. This document will include comprehensive details about the offering and the Company’s operations. Investors are encouraged to review the prospectus and other corporate filings to gain a fuller understanding of Aureus Greenway's objectives and market strategy.
About Aureus Greenway Holdings Inc.
Aureus Greenway Holdings Inc. specializes in managing daily fee golf country clubs in Florida, strategically designed to attract a diverse clientele. By strategically positioning their golf courses and fostering an inviting atmosphere, the Company effectively appeals to both locals and tourists. This business model not only enhances customer experience but also captures a wide share of leisure spending, making the Company a strong contender in the leisure industry.
Investor Relations and Contact Information
Matthew Abenante, serving as president of Strategic Investor Relations, LLC, is the point of contact for investor relations inquiries. Interested parties can reach him by phone at 347-947-2093 or via email. His role emphasizes the Company’s dedication to maintaining open communication with investors and stakeholders alike.
Frequently Asked Questions
What is Aureus Greenway Holdings Inc.'s IPO price?
The IPO price is set at $4.00 per share, with a total of 3,750,000 shares available for purchase.
When is the trading expected to begin on the Nasdaq?
Trading is expected to commence shortly, with a target date for February 12, 2025, under the ticker symbol 'AGH.'
Who are the underwriters for the IPO?
The lead underwriter is Dominari Securities, LLC, and Revere Securities LLC is acting as the co-underwriter.
What should investors expect from the final prospectus?
The final prospectus will provide detailed information regarding the offering, the Company's operations, and risk factors associated with the investment.
How can investors contact Aureus Greenway for more information?
Investors can contact Matthew Abenante at 347-947-2093 or email him at the provided address for inquiries regarding investments.
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