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Stevenson, Wong & Co. acted as the Hong Kong legal adviser to Mega Fortune Company Limited (NASDAQ: MGRT) (“MGRT”) in the successful listing on the Nasdaq Capital Market on 16 July 2025 (the “Nasdaq Listing”). MGRT offered a total of 3,750,000 ordinary shares, priced at US$4.00 per share (the “Offering”). The aggregate gross proceeds from the offering was US$15 million.
MGRT is an Internet of Things (“IoT”) solution provider in Hong Kong. Through its operating subsidiary QBS System Limited (“QBS System”), MGRT has specialized in delivering comprehensive IoT solutions and services across various industries. QBS System’s business service portfolio includes the provision of IoT Integration Solution Services, IoT Maintenance and Support services, Business Process Outsourcing services and trading sales. Through its IoT platform, tools and services, QBS System helps enterprises through their digital transformation, launch IoT initiatives, upscale an existing IoT application or integrate any IoT solution with a legacy system to help them become more innovative, effective and productive. MGRT’s vision is to become the preferred choice for IoT solutions for enterprises and projects in the Asia-Pacific region.
Our Partners, Mr. Hank Lo and Mr. Gordon Tsang, acted as the Hong Kong legal counsel for MGRT in the Nasdaq Listing.
Please contact Mr. Hank Lo or Mr. Gordon Tsang for any enquiries or further information about this transaction.