Galaxy Payroll Group Ltd Closes IPO
Ticker: GLXG · Form: 6-K · Filed: Sep 13, 2024 · CIK: 1905920
| Field | Detail |
|---|---|
| Company | Galaxy Payroll Group LTD (GLXG) |
| Form Type | 6-K |
| Filed Date | Sep 13, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.000625, $4.00, $7,000,000 |
| Sentiment | bullish |
Sentiment: bullish
Topics: ipo, offering, public-listing
TL;DR
Galaxy Payroll Group Ltd just closed its IPO, selling 1.75M shares on 9/13/24.
AI Summary
On September 13, 2024, Galaxy Payroll Group Limited successfully closed its initial public offering (IPO) by issuing 1,750,000 ordinary shares. The offering was conducted under its registration statement on Form F-1 (File No. 333-269043).
Why It Matters
The successful completion of an IPO marks a significant milestone for Galaxy Payroll Group Ltd, providing access to public capital markets and potentially increasing its visibility and growth opportunities.
Risk Assessment
Risk Level: medium — As a newly public company from an IPO, Galaxy Payroll Group Ltd faces the inherent risks associated with market volatility, execution of growth strategies, and establishing a track record as a public entity.
Key Numbers
- 1,750,000 — Ordinary Shares (Number of shares issued in the IPO)
Key Players & Entities
- Galaxy Payroll Group Limited (company) — Registrant and issuer of IPO
- September 13, 2024 (date) — Date of IPO closing
- 1,750,000 (dollar_amount) — Number of ordinary shares issued in IPO
- Form F-1 (File No. 333-269043) (document) — Registration statement for the IPO
FAQ
What is the par value of the ordinary shares issued in the IPO?
The par value of the ordinary shares is $0.000625 per share.
Under which form was the IPO registration statement filed?
The IPO was conducted under a registration statement on Form F-1 (File No. 333-269043).
What is the principal executive office address of Galaxy Payroll Group Limited?
The principal executive office is located at 25th Floor, Ovest, 77 Wing Lok Street, Sheung Wan, Hong Kong.
Does Galaxy Payroll Group Limited file annual reports under Form 20-F or Form 40-F?
The registrant indicates it files annual reports under cover of Form 20-F.
What is the commission file number for Galaxy Payroll Group Limited?
The commission file number is 001-42269.
Filing Stats: 450 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2024-09-13 17:05:53
Key Financial Figures
- $0.000625 — of 1,750,000 ordinary shares, par value $0.000625 per share (the “Ordinary Shares&r
- $4.00 — 024. The Ordinary Shares were priced at $4.00 per share, and the offering was conduct
- $7,000,000 — roll Group Limited Announces Closing of $7,000,000 Initial Public Offering 1 SIGNATURE
Filing Documents
- ea0214564-6k_galaxy.htm (6-K) — 12KB
- ea021456401ex99-1_galaxy.htm (EX-99.1) — 12KB
- ea021456401ex99-2_galaxy.htm (EX-99.2) — 12KB
- ex99-1_001.jpg (GRAPHIC) — 12KB
- ex99-2_001.jpg (GRAPHIC) — 4KB
- 0001213900-24-078648.txt ( ) — 59KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Galaxy Payroll Group Limited Date: September 13, 2024 By: /s/ Wai Hong Lao Name: Wai Hong Lao Title: Chief Executive Officer 2