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Nasdaq Has Become the Market of Choice for Dubious Penny-Stock IPOs
Nasdaq is known as the market’s home for tech stocks, in particular giants like Nvidia, Apple and Microsoft. Last month’s initial public offerings included a Cayman Islands-incorporated provider of shrimp-farm maintenance services in Malaysia with only four employees. There has been a flood of similar microcap IPOs over the past two years, another sign of the speculative fever gripping many parts of the investing world. Oct 6, 2025 - $MGN
Megan Holdings Limited Announces Closing of $5 Million Initial Public Offering
Malaysia, Kuala Lumpur, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Megan Holdings Limited (the “Company” or “Megan”), a Malaysia-based company principally engaged in the development, construction, and maintenance of aquaculture farms and related works, today announced the closing of its initial public offering (the “Offering”) of 1,250,000 ordinary shares, par value US$0.0001 per share, (“Ordinary Shares”), at a public offering price of US$4.00 per Ordinary Share. The Company has granted a 45-day option Sep 29, 2025 - $MGN
Megan Holdings Limited Announces Pricing of $5 Million Initial Public Offering
Kuala Lumpur , Sept. 25, 2025 (GLOBE NEWSWIRE) -- Megan Holdings Limited (the “Company” or “Megan”), a Malaysia-based company principally engaged in the development, construction, and maintenance of aquaculture farms and related works, today announced the pricing of its initial public offering (the “Offering”) of 1,250,000 ordinary shares, par value US$0.0001 per share, (“Ordinary Shares”), at a public offering price of US$4.00 per Ordinary Share. The Company has granted a 45-day option to the u Sep 25, 2025 - $MGN
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