Hong Kong-based interior design firm Mint Incorporation Limited (Nasdaq: MIMI) completed its initial public offering (IPO) on January 13, 2025. The IPO involved 1,750,000 Class A ordinary shares priced at $4.00 each, commencing trading on the Nasdaq Capital Market on January 10, 2025, under the symbol “MIMI.”

Underwriters held a 45-day option to purchase up to an additional 262,500 Class A Ordinary Shares (15% of the initial offering). This option was fully exercised on January 10, 2025, at the same offering price of US$4.00 per share.

The Company generated gross proceeds of US$8.05 million from the offering before expenses. Net proceeds will be used to expand operations, geographical reach (including the U.S. and U.K.), pursue strategic investments and acquisitions, upgrade IT infrastructure, manage working capital, and fund general corporate purposes.

Benjamin Securities, Inc., acting as lead underwriter with Prime Number Capital, LLC as co-underwriter, handled the firm commitment offering. Ortoli Rosenstadt LLP served as U.S. securities counsel for Mint Incorporation Limited, while Jun He Law Offices LLC acted as legal counsel to the underwriters. The SEC declared effective the Form F-1 registration statement (File Number: 281922) on December 20, 2024. The final prospectus, filed January 10, 2025, is accessible on the SEC website and from the underwriters.

Before investing, review the prospectus and SEC filings for detailed information. This press release is for informational purposes only and does not constitute an offer to sell or a solicitation to buy securities. Sales are restricted where unlawful.

About Mint Incorporation Limited

Mint Incorporation Limited specializes in integrated, industry-specific interior design and fit-out for commercial properties in Hong Kong. Their portfolio includes offices, retail stores, and luxury residential projects, focusing on design reflecting clients’ brand identities and values. Notable projects encompass internationally recognized retail brands, F&B chains, and prestigious Hong Kong organizations.

FORWARD-LOOKING STATEMENTS

This announcement contains forward-looking statements, subject to risks and uncertainties, and based on current expectations. Such statements, often indicated by terms like “believes,” “expects,” “anticipates,” “intends,” or similar expressions, are not guarantees of future results. Actual results may differ significantly. Investors should carefully consider the risk factors detailed in the final prospectus and SEC filings before making investment decisions. The Company is not obligated to update forward-looking statements unless legally required.

Contacts

Mint Incorporation Limited
Investor Relations
Email:
Phone: +852 2866 1663