Stevenson, Wong & Co. acted as the Hong Kong legal advisers to Garden Stage Limited (NASDAQ: GSIW) (“Garden Stage”) in the successful listing on the Nasdaq Capital Market on 1 December 2023 (the “Nasdaq Listing”). Garden Stage offered a total of 2,500,000 ordinary shares, priced at US$4.00 per share (the “Offering”). The aggregate gross proceeds from the offering was US$10 million.
Garden Stage through its wholly-owned operating subsidiaries, are licensed to conduct Type 1 (dealing in securities) regulated activities, Type 4 (Advising on Securities) regulated activities and Type 9 (Asset Management) regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). The operating subsidiaries are Hong Kong-based financial services’ roviders principally engaged in the provision of (i) placing and underwriting services; (ii) securities dealing and brokerage services; and (iii) asset management services.
Our Partners, Hank Lo and Gordon Tsang, together with Associate Gary Kwok, acted as the Hong Kong legal counsel for Garden Stage in the Nasdaq Listing.
Please contact Hank Lo or Gordon Tsang for any enquiries or further information about this transaction.