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Baiya International Group Announces Pricing Of IPO Of 2.5M Ordinary Shares At A Price Of $4/Share

Benzinga·03/21/2025 15:20:50
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Baiya International Group Inc. ("BIYA" or the "Company") today announced the pricing of its initial public offering of an aggregate of 2,500,000 ordinary shares, par value $0.0001 per share (the "Ordinary Shares"), at a public offering price of $4.00 per share(the "Offering").

In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 375,000 Ordinary Shares at the initial public offering price (the "Overallotment"), less underwriting discounts and commissions. The gross proceeds to BIYA from the Offering (assuming that the Overallotment is not exercised), before deducting underwriting discounts and commissions and estimated offering expenses payable by BIYA, is expected to be approximately $10,000,000.

The Ordinary Shares are expected to begin trading on the Nasdaq Capital Market under the ticker symbol "BIYA" on March 21st, 2025. The Offering is expected to close on March 24th, 2025, subject to customary closing conditions.