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Bluemount Holdings Limited (BMHL) announced that underwriters partially exercised their over-allotment option to purchase an additional 140,000 Class B Ordinary Shares at $4.00 per share, generating $560,000 in additional gross proceeds.
The partial exercise increased the total shares sold in the company’s initial public offering to 1,515,000 Class B Ordinary Shares and raised total gross proceeds to $6,060,000, before deducting underwriting discounts and other offering expenses. The over-allotment closing occurred on July 30, 2025.
The Hong Kong-based company’s shares began trading on the Nasdaq Capital Market on July 11, 2025, under the ticker symbol BMHL. Bluemount provides consulting and advisory services, financial services, and trades luxury timepieces through its operating subsidiaries.
Dominari Securities LLC served as the representative of the underwriters, while Pacific Century Securities, LLC and Revere Securities LLC acted as co-underwriters for the offering. The company’s registration statement on Form F-1 was declared effective by the Securities and Exchange Commission on June 30, 2025.
The company’s financial services segment includes underwriting and placing services, securities dealing and brokerage services, and asset management services. Its commodities trading subsidiary focuses on sourcing, buying, and selling luxury branded timepieces.