Roma Green Finance Limited Announces Pricing of $12,300,000 Public Offering
January 09 2024 - 9:52AM
Roma Green Finance Limited (Nasdaq: ROMA) (the
“Company”), a Cayman Islands exempted company that is based in Hong
Kong, today announced the pricing of a public offering of 2,449,943
of its ordinary shares at a public offering price of $4.00 per
share for aggregate gross proceeds of approximately $9,799,772
prior to deducting underwriting discounts, commissions and other
related expenses. Additionally, in connection with the initial
public offering, a selling shareholder is selling 625,517 ordinary
shares at $4.00 per share, for total gross proceeds of $2,502,068,
before deducting underwriting discounts, commissions and other
related expenses. The Company will not receive any of the proceeds
from the sale by the selling shareholder. The ordinary shares are
expected to begin trading on the Nasdaq Capital Market tomorrow,
January 9, 2024, under the trading symbol “ROMA.” The offering is
expected to close on or about January 11, 2024, subject to
customary closing conditions.
The offering has been conducted on a firm
commitment basis. Spartan Capital Securities, LLC (“Spartan”),
acted as sole book-running manager for the offering.
The Company expects to use the net proceeds from
this offering to (i) strengthen and expand its green and
sustainable finance and climate risk advisory business in Hong Kong
and Singapore and to expand market presence in other international
markets; (ii) to enhance its industry positioning and strengthen
its business development; (iii) to strengthen its operational
efficiency; (iv) for strategic acquisition; (v) for establishing a
formal ESG academy, and (vi) for working capital and other general
corporate purposes.
A registration statement on Form F-1 relating to
the offering, as amended, was filed with the Securities and
Exchange Commission (the “SEC”) (File Number: 333-272555) and was
declared effective by the SEC on December 29, 2023. The offering is
being made only by means of a prospectus, forming a part of the
registration statement. Copies of the final prospectus relating to
the offering, when available, may be obtained from Spartan Capital
Securities, LLC; Attn: Kim Monchik, 45 Broadway, 19th Floor,
New York, NY 10006 or via email at
investmentbanking@spartancapital.com or telephone at (212)
293-0123. In addition, a copy of the prospectus relating to
the offering may be obtained via the SEC's website at
www.sec.gov.
Before you invest, you should read the
prospectus and other documents the Company has filed or will file
with the SEC for more complete information about the Company and
the offering. This press release shall not constitute an offer to
sell, or the solicitation of an offer to buy any of the Company’s
securities, nor shall such securities be offered or sold in the
United States absent registration or an applicable exemption from
registration, nor shall there be any offer, solicitation or sale of
any of the Company’s securities in any state or jurisdiction in
which such offers, solicitations or sales would be unlawful prior
to registration or qualification under the securities laws of such
state or jurisdiction.
About Roma Green Finance
Limited
The Company is based in Hong Kong and is
principally engaged in the provision of ESG, corporate governance
and risk management as well as sustainability and climate change
related advisory services. Its service offering mainly comprise the
following: (i) Sustainability Program Development, (ii) ESG
Reporting, (iii) Corporate Governance and Risk Management, (iv)
Climate Change Strategies and Solutions, (v) Environmental Audit,
(vi) ESG Rating Support and Shareholder Communication: The Company
helps clients to review and improve their ESG / sustainability
ratings with Bloomberg and other rating agencies, and (vii)
Education and Training.
Additional information about the Company is
available at http://www.romaesg.com.
Forward-Looking Statements
This press release contains forward-looking
statements regarding the Company’s current expectations. These
forward-looking statements include, without limitation, references
to the Company’s expectations regarding the closing of the public
offering and its anticipated use of net proceeds from the offering.
These statements are not guarantees of future performance and are
subject to certain risks, uncertainties and assumptions that are
difficult to predict. Factors that could cause actual results to
differ include, but are not limited to, risks and uncertainties
related to the satisfaction of customary closing conditions related
to the public offering or factors that result in changes to the
Company's anticipated use of proceeds. These and other risks and
uncertainties are described more fully in the section captioned
"Risk Factors" in the Company’s Registration Statement on Form F-1
related to the public offering (SEC File No. 333-272555).
Forward-looking statements contained in this announcement are made
as of this date, and the Company undertakes no duty to update such
information except as required under applicable law.
Contact:Roma Green Finance
LimitedTel: +852 2529 6878Email: ir@roma-international.com
Mr. Rene VanguestaineChristensenTel: + 852 6686
1376Email: rene.vanguestaine@christensencomms.com
Ms. Linda BergkampChristensenTel:
+1-480-614-3004Email: linda.bergkamp@christensencomms.com
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