NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ:YYGH) ("YYGH", or the "Company"), a trusted and experienced manpower supplier in the traditional recruitment industry, today announced the closing of its previously announced initial public offering of 1,125,000 Class A Ordinary Shares at a public offering price of $4.00 per share, for aggregate gross proceeds of approximately $4.5 million before deducting underwriting discounts, commissions, and other offering expenses. The Company's common stock began trading on the Nasdaq Capital Market on April 22, 2024, under the symbol "YYGH". The net proceeds from the initial public offering are expected to be used for geographical business expansion, marketing and promotion campaigns, product research and development on YY Apps, team expansion by recruiting more IT and marketing teams, and working capital and general corporate purposes. US Tiger Securities, Inc., acted as sole book-running manager for the offering. A registration statement on Form ...