#Hong Kong #SU Group #Security Services #SUGP

SU Group Successfully Completes $6 Million Public Offering

SU Group Holdings Limited (Nasdaq: SUGP), a leading name in integrated security-related engineering services, recently announced the closing of its public offering that has garnered significant attention in the investment community. This strategic move has resulted in $6 million in gross proceeds, setting the stage for enhanced capabilities and growth within the company.

Offering Details

The offering comprised a total of 3,000,000 Units, with each Unit consisting of one pre-funded warrant allowing the purchase of one Class A ordinary share, alongside two warrants that grant the right to purchase one Class A ordinary share each. The public offering price was set at $2.00 per Unit, with additional warrants being immediately exercisable at an exercise price of $5.50 per share over a term of twenty-five months.

The official prospectus for the offering was filed with the U.S. Securities and Exchange Commission (SEC) on May 12, 2026, highlighting the specifics of the securities sold and outlining the company's intentions regarding the raised funds. Importantly, SU Group has committed to filing a resale registration statement in alignment with the expectations of its investors, focusing on equity shares tied to the warrants.

Strategic Use of Proceeds

With the successful closure of the offering, SU Group has earmarked the net proceeds for several critical initiatives. Central to their strategy is the pursuit of strategic acquisitions and investment opportunities that will solidify their market presence and enhance competitiveness in the ever-evolving security services industry. Furthermore, the funds will also support general working capital needs, ensuring that the company remains agile and prepared to respond to market demands.

Partnership and Legal Framework

To facilitate this offering, SU Group engaged WallachBeth Capital, LLC as their sole placement agent, while legal counsel from Nauth LPC and Hunter Taubman Fischer Li LLC provided necessary guidance throughout the process. An escrow agreement was also established to manage a portion of the proceeds, safeguarding investor interests until the resale registration statement is officially effective, as mandated by the SEC.

About SU Group Holdings Limited

Since its inception, SU Group has been at the forefront of security-related engineering services in Hong Kong. The company specializes in security guarding, screening services, and vocational training, playing a pivotal role in enhancing the security frameworks across various sectors. With over two decades of experience, the organization has developed a robust portfolio, offering end-to-end solutions that cover design, installation, and maintenance of advanced security systems.

Based on long-term expertise, SU Group's services extend across public facilities, commercial spaces, and residential properties, establishing them as a trusted partner in security solutions. Their systems include threat detection mechanisms, traffic control systems, and extra-low voltage systems, catering to the diverse needs of their clients.

As part of their commitment to growth, SU Group's management emphasizes that they will continue to embrace innovative practices and adapt to emerging technologies, ensuring that they not only meet but exceed the evolving demands of the security landscape.

Conclusion

The recent closure of the $6 million public offering reflects SU Group's strategic vision and readiness to seize growth opportunities within the competitive security industry. As the company takes these significant steps forward, its stakeholders can look forward to a strengthened market position and a commitment to delivering superior security services for years to come. Stakeholders are encouraged to review the final prospectus filed with the SEC to gain a comprehensive understanding of the company's plans and the implications of this successful offering.

For more details about SU Group and its offerings, visit www.sugroup.com.hk.