mF International Limited Announces Pricing of Initial Public Offering

Hong Kong, April 19, 2024 (GLOBE NEWSWIRE) -- mF International Limited (the “Company” or “mF International”), a Hong Kong-based experienced financial trading solution provider, today announced the pricing of its initial public offering (the “Offering”) of 1,666,667 ordinary shares at a public offering price of $4.5 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on April 22, 2024 under the ticker symbol “MFI.”

The Company expects to receive aggregate gross proceeds of $7,500,001.5 from the Offering, before deducting underwriting discounts and other related expenses. The Offering is expected to close on or about April 24, 2024, subject to the satisfaction of customary closing conditions. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 250,000 ordinary shares at the public offering price, less underwriting discounts.

Proceeds from the Offering will be used for expanding service capacity and general working capital.

The Offering is being conducted on a firm commitment basis. Joseph Stone Capital, LLC is acting as the underwriter for the Offering. Hunter Taubman Fischer & Li LLC is acting as U.S. securities counsel to the Company, and Pryor Cashman LLP is acting as U.S. counsel to Joseph Stone Capital, LLC in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333-274158), as amended, and was declared effective by the SEC on March 29, 2024, and a registration statement filed pursuant to Rule 462(b) (File No. 333-278826), which increased the number of registered shares from 1,794,000 to 1,916,667, became effective upon filing with the SEC. 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 Joseph Stone Capital, LLC, 29 Broadway, #1800, New York, New York, 10006, or by email at [e-mail], or by calling 888-302-5548. In addition, copies of the final prospectus relating to the Offering, when available, may be obtained via the SEC's website at www.sec.gov.