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SU Group Holdings files for IPO

Published: November 22, 2023 at 3:17 pm ET

By Denny Jacob

SU Group Holdings has filed for an IPO.

The integrated security-related services company is offering approximately 1.3 million shares of common stock at a price between $4 and $5 per share, according to a regulatory filing.

The…

By Denny Jacob

SU Group Holdings has filed for an IPO.

The integrated security-related services company is offering approximately 1.3 million shares of common stock at a price between $4 and $5 per share, according to a regulatory filing.

The company expects net proceeds of between $3.5 million and $4.3 million based on an assumed initial public offering at $4.50 per share. The company plans to use the proceeds to, among other things, capture a larger share of the safety-related engineering services industry and expand related professional training services.

SU Group has applied to list its common shares on the Nasdaq Capital Market under the ticker symbol SUGP.

Write to Denny Jacob at [email protected]

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