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K-Tech Solutions Company Limited Announces Closing of US$6.4 million Initial Public Offering

Hong Kong, July 17, 2025 (GLOBE NEWSWIRE) -- K-Tech Solutions Company Limited ("KMRK" or the "Company") is an established toy products design house specialized in the development of infant and pre-school educational toys and learning kits. The Company is headquartered in Hong Kong to provide full-fledged product development solutions to toy brands throughout the entire development stage of toy products from design, prototype testing, production management, quality control to after-sales services. The Company today announced the closing of its previously announced initial public offering of an aggregate 1,600,000 Class A Shares (the "Offering") at a price of US$4.00 per share (the  "Offering Price") to the public, for a total gross proceeds of US$6.4 million to the Company, before deducting underwriting discounts and offering expenses.

The shares began trading on the NASDAQ Capital Market on July 16, 2025, under the symbol "KMRK". 

In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 240,000 Class A Shares at the initial public offering price, less underwriting discounts and commissions. Further, the Company granted the underwriter warrants, exercisable from the date of closing of the Offering and for a term of three years to purchase up to an additional 80,000 Class A Shares at 125% of the Offering Price, representing 5% of the Class A Shares issued in the Offering.

The Company intends to use the net proceeds from the Offering towards potential investments and/or acquisition of a factory in Vietnam and/or other South East Asian countries, expansion and recruitment of product designers and engineers, to obtain licensed rights to international IP, working capital, and other general corporate purposes.

American Trust Investment Services, Inc. ("ATIS"), a full-service broker/dealer, acted as the representative of the underwriters and sole book-running manager for the Offering. Loeb & ...