Kandal M Venture Limited Announces Closing of $8.0 Million Initial Public Offering (Nasdaq: FMFC)
New York, June 26, 2025 (GLOBE NEWSWIRE) – Kandal M Venture Limited (Nasdaq: FMFC) (the “Company”), a contract manufacturer of affordable luxury leather goods with manufacturing operations in Cambodia, today announced the closing of its initial public offering (the “Offering”) of 2,000,000 Class A ordinary shares (the “Class A Ordinary Shares”) at a public offering price of $4.00 per share (the “Offering Price”). The Class A Ordinary Shares began trading on the Nasdaq Capital Market on June 25, 2025, under the symbol “FMFC.”
The Crone Law Group, P.C., led by Partner Liang Shih, acted as the U.S. Counsel to the underwriters for the offering.
In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 Class A Ordinary Shares at the Offering Price, less underwriting discounts.
The Offering was conducted on a firm commitment basis. Dominari Securities LLC acted as the representative of the underwriters, and Revere Securities LLC acted as the co-underwriter (collectively, the “Underwriters”) for the Offering.
About The Crone Law Group, P.C.
The Crone Law Group, P.C. is focused on corporate securities, securities compliance, and international business and trade, with significant experience working with domestic and foreign corporate issuers. The firm is unique in its ability to handle the most complex securities, M&A, corporate finance matters, intellectual property, and immigration law issues while providing clients with close, personal, service—not often available at larger, less intimate firms. We represent a select clientele that includes domestic and foreign publicly traded corporations, emerging companies, and entrepreneurs in various industries.
Meet our team members click here.
To contact The Crone Law Group info@cronelawgroup.com
The Crone Law Group is a law firm based in New York with proven international practice. Our firm is focused in the areas of securities, corporate finance, securities compliance, business law and immigration.
