Bluemount Holdings Limited Expands Initial Public Offering with Underwriters' Over-Allotment Option

Bluemount Holdings Limited Expands IPO Through Over-Allotment Exercise

On July 30, 2025, Bluemount Holdings Limited (Nasdaq: BMHL), a prominent consulting and financial services provider based in Hong Kong, announced a significant development in connection with its recent initial public offering (IPO). The company revealed that it had partially exercised the over-allotment options originally provided to its underwriters, allowing them to acquire an additional 140,000 Class B Ordinary Shares at the offering price of $4.00 per share. This strategic move results in an extra gross inflow of $560,000 for Bluemount, thereby increasing the total gross proceeds from the IPO to $6,060,000 before accounting for underwriting discounts and related expenses.

The IPO, which commenced trading on the Nasdaq Capital Market on July 11, 2025, under the symbol "BMHL," has attracted considerable attention from investors, showcasing the company's robust operational capabilities and growth potential. Following the partial exercise of the over-allotment options, the total number of shares sold by Bluemount in its IPO now stands at 1,515,000 shares.

Dominari Securities LLC served as the lead underwriter for this offering, with Pacific Century Securities, LLC, and Revere Securities LLC acting as co-underwriters. In terms of legal representation, Loeb & Loeb LLP provided counsel to Bluemount, while VCL Law LLP served as the legal advisor to the underwriters, ensuring all facets of the offering were adequately managed from a regulatory perspective.

The offering is being conducted under a registration statement on Form F-1, which was initially filed with the U.S. Securities and Exchange Commission (SEC) on March 17, 2025. The SEC declared the registration effective on June 30, 2025, allowing this long-awaited IPO to proceed. The final prospectus associated with the offering was filed with the SEC on July 11, 2025, and is available for public access on the SEC's official website.

It's essential for potential investors to scrutinize the prospectus and accompanying documents filed with the SEC to gain a comprehensive understanding of both Bluemount Holdings Limited and the details surrounding the current offering. This news release serves merely as informational and does not constitute an offer or solicitation to buy any securities described herein. Transactions related to the offering will, however, be governed by the legal frameworks applicable in each state or jurisdiction, ensuring compliance and lawful trade practices.

The press release also contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements reflect Bluemount’s current outlook regarding the future and may involve various risks and uncertainties which could lead actual outcomes to differ significantly from forecasted results. Factors influencing these variations include market conditions and challenges outlined in the risk factors section of the company's SEC filings.

About Bluemount Holdings Limited

Bluemount Holdings Limited is an established entity in the financial services sector, focusing on consulting and advisory services, and is also engaged in the trade of luxury commodities, particularly high-end timepieces. The company differentiates itself by offering a range of comprehensive consulting services aimed at enhancing business development strategies for a diverse clientele. Additionally, its financial services segment encompasses underwriting and placement services, securities brokerage, and asset management.

For further information about Bluemount Holdings Limited's services and offerings, interested parties can visit their websites at Bluemount and Bluemount Commodities. The company continues to build on its strengths, positioning itself effectively within the competitive landscape of financial services and trading.

As Bluemount navigates through its IPO journey, potential and existing investors are encouraged to stay updated on the company’s developments to make informed investment decisions moving forward.