OneConstruction Group Limited Announces Closing of Initial Public Offering by Investing.com

New York, January 2, 2025 /PRNewswire/ — ONE CONSTRUCTION GROUP LIMITED (“One building set“or”a company“)Structural steel works contractor in Hong KongToday it announced the closing of its initial public offering of 1,750,000 common shares at a public offering price of 1,750,000 common shares. 4 US dollars.00 per share (“an offerThe Company has granted the underwriters a 45-day option to purchase up to an additional 262,500 common shares, representing 15% of the total number of common shares sold in the offering at the initial public offering price, less underwriting discounts. Trading of the common shares began on the Nasdaq Capital Market in December 31, 2024under the indicator symbol “no one“, subject to usual closing conditions.

The gross proceeds from the offering were 7 million dollarsbefore deducting underwriting discounts and other related expenses. The company intends to use the net proceeds from the offering to finance the initial costs of future projects, expand the administrative and technical teams, and enhance working capital.

The offering was made on the basis of a firm commitment. American Trust Investment Services and West Park Capital I worked as believers. West Park Capital He was the director of book running on the show. Hunter Tubman Fisher & Li LLC acted we The company's securities advisor, and Ortoli Rosenstadt LLP behavior we Securities advisor to the underwriters in connection with the offering.

A registration statement on Form F-1 (File No. 333-28316) relating to the offering, as amended, has been filed with US Securities and Exchange Commission (the “second“) and was declared effective by second on December 20, 2024. The offering is being made only by means of a prospectus, which forms part of the registration statement. Copies of the final prospectus relating to the offering, when available, may be obtained from: West Park Capital Company or American Trust Investment Services Companyby email to the following address: syndicate@wpcapital.com or ECM@amtruinvest.com, respectively, by regular mail to West Park Capital Company, 1800 Century Park Eastsuite 220, Los Angeles, California90067 or American Trust Investment Services Company230 W. Monroe Street, Suite 300, Chicago, IL 60606, respectively, or by telephone at (310) 843-9300 or 312-382-7000respectively. In addition, a copy of the final prospectus, when available, may also be obtained through the Website sec Website on www.sec.gov.

Before you invest, you should read the prospectus and other documents that the company has filed or will submit to the company's board of directors second For more information about the company and the offering. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to that. To register or qualify under the securities laws of any such state or jurisdiction.

on One building set

One construction set Is a structural steel works contractor in Hong Kong. The Company, through its subsidiaries, specializes in the procurement and installation of structural steel for a variety of construction projects in Hong Kong (including residential and commercial development as well as infrastructure projects), serving public and private sector clients. For more information, please visit the company's website: www.OneConstruction.com.hk

Forward-looking statements

All forward-looking statements, expressed or implied, contained in this release are based only on information currently available to us and speak only as of the date they are made. Investors can find many (but not all) of these statements by using words such as “approximate,” “believes,” “hopes,” “anticipates,” “expects,” “estimates,” and “projects.” “, “intends”, and “intends”. “plans,” “will,” “will,” “should,” “could,” “may,” or other similar expressions in this Prospectus. Except as otherwise required by applicable law, we disclaim any duty to update any Publicly forward-looking statement, each of which is expressly qualified by the statements in this section, to reflect events or circumstances after the date of this release is subject to uncertainties and risks, including, without limitation, uncertainties related to market conditions, and other factors that. They are discussed in the “Risk Factors” section of the registration statement filed with the Securities and Exchange Commission Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will prove to be correct, the Company cautions. investors that actual results may differ materially from anticipated results and encourages investors to review other factors that may affect its future results in the company's registration statement and other filings with second. Additional factors are discussed in the company's filings with secondIt is available for review at www.sec.gov.

communication

Media relations
Ms. Callis Lao / Mr. Gary Lee / Ms. Lauren Locke/ Mr. Hemu Liuoneg@iprogilvy.com

Investor relations
Mr. Gordon Leethe@oneconstruction.com.hk