Roma Green Finance sets price for share offering at $4 each

HONG KONG – Roma Green Finance Limited (NASDAQ:ROMA), a company specializing in ESG and sustainability advisory services, has priced its public offering of ordinary shares. The offering consists of approximately 2.45 million shares at a price of $4.00 per share, aiming to raise around $9.8 million before underwriting discounts and other expenses. Additionally, a selling shareholder is offering 625,517 shares at the same price, totaling about $2.5 million in gross proceeds, from which the company will not benefit.

The ordinary shares are slated to begin trading on the Nasdaq Capital Market under the symbol “ROMA.” The expected closing date of the offering is on or about January 11, 2024, subject to standard closing conditions.

Spartan Capital Securities, LLC is serving as the sole book-running manager for the offering. Roma Green Finance intends to use the net proceeds to bolster its green finance and climate risk advisory business in Hong Kong and Singapore, expand into other international markets, enhance its industry position, improve operational efficiency, consider strategic acquisitions, establish an ESG academy, and for general corporate purposes.

The offering is being made through a prospectus as part of a registration statement on Form F-1 (File Number: 333-272555), which was declared effective by the SEC on December 29, 2023. Interested parties can obtain copies of the prospectus from Spartan Capital Securities, LLC or via the SEC’s website.

Roma Green Finance, headquartered in Hong Kong, provides a range of services including sustainability program development, ESG reporting, corporate governance, risk management, climate change strategies, environmental audits, ESG rating support, and education and training.

The information provided in this article is based solely on the press release issued by Roma Green Finance Limited and does not constitute an offer to sell or a solicitation of an offer to buy any securities.

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