Concorde International Group Announces Underwriter’s Full Exercise and Closing of Over-allotment Option
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 02 2025
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Source: Globenewswire
Initial Public Offering Details: Concorde International Group Ltd. announced the full exercise of its over-allotment option, resulting in the sale of an additional 187,500 Class A ordinary shares at $4.00 each, bringing total gross proceeds to $5,750,000 from the initial public offering on Nasdaq.
Company Overview: Established in 1997, Concorde specializes in integrated security solutions and has shifted towards a technology-driven approach, utilizing advanced systems to enhance operational efficiency and reduce reliance on physical manpower.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
