- Megan Holdings Limited announced the **closing of its initial public offering** on **September 29, 2025**.  **[1995075_0001213900-25-093114_ea025916301ex99-2_megan.htm:0]** **[1995075_0001213900-25-093114_ea0259163-6k_megan.htm:0]** 
- The company offered **1,250,000 ordinary shares** at a public offering price of **US$4.00 per share**, generating **US$5 million** in aggregate gross proceeds before deducting underwriting discounts and other related expenses.  **[1995075_0001213900-25-093114_ea025916301ex99-2_megan.htm:0]** **[1995075_0001213900-25-093114_ea0259163-6k_megan.htm:0]** **[1995075_0001213900-25-093114_ea025916301ex99-1_megan.htm:0]** 
- The Ordinary Shares, trading under the ticker symbol **"MGN"** on the **Nasdaq Capital Market**, began trading on **September 26, 2025**.  **[1995075_0001213900-25-093114_ea025916301ex99-2_megan.htm:0]** **[1995075_0001213900-25-093114_ea0259163-6k_megan.htm:0]** 
- Proceeds from the offering will be used for sales and marketing, expansion opportunities through merger and acquisition activities, development of its "Smart Farming System," and general working capital and corporate purposes.  **[1995075_0001213900-25-093114_ea025916301ex99-2_megan.htm:0]** **[1995075_0001213900-25-093114_ea025916301ex99-1_megan.htm:0]**

Megan Holdings (MGN)