Neo-Concept International Group Holdings Limited (Nasdaq: NCI), a provider of comprehensive apparel solution services, has set the price for its recent public offering. On February 9, 2026, the company announced the sale of 14,850,000 Class A ordinary shares at $0.5454 per share, raising approximately $8.1 million.
The offering aims to support the company’s ongoing business operations and growth initiatives. Details regarding the use of proceeds were not disclosed at this time.
**Why this matters**
This public offering provides Neo-Concept with additional capital to potentially enhance its market position and operational capabilities. It also reflects the company’s efforts to access public markets for funding amid evolving industry conditions.
Source: NewsData