Baiya International Group Announces Pricing of Initial Public Offering

Shenzhen, P.R. China, March 21, 2025 (GLOBE NEWSWIRE) -- 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 21^st, 2025. The Offering is expected to close on March 24^th, 2025, subject to customary closing conditions.

The Offering is conducted on a firm commitment basis. Cathay Securities, Inc. is acting as representative of the underwriters for the offering, with Revere Securities LLC acting as co-underwriter (collectively, the "Underwriters"). Ogier, Jingtian & Gongcheng and Lewis Brisbois Bisgaard & Smith LLP are acting as Cayman Islands legal counsel, PRC legal counsel and U.S. legal counsel, respectively, to the Company. VCL Law LLP is acting as U.S. legal counsel to the Underwriters for the Offering.

The Offering is being conducted pursuant to the Company’s Registration Statement on Form F-1 (File No. 333-275232) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on March 6, 2025. The Offering is being made only by means of a prospectus. Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. You may get these documents for free by visiting EDGAR on the SEC’s Website at www.sec.gov. Alternatively, electronic copies of the prospectus relating to the Offering may be obtained from Cathay Securities, Inc. at 40 Wall Street, Suite 3600, New York, NY 10005, or by telephone at [phone].