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Stocks/NCI/SEC Filings/424B5 Oct 1, 2026

NCI 424B5: Secondary offering

Filed with the SEC on Oct 1, 2026 · accession 0001185185-26-004478

NCI filed a 424B5 (prospectus (offering)) with the SEC on Oct 1, 2026. NCI - Neo-Concept International Group Holdings Ltd is offering 250,000 Class A ordinary shares and 1,750,000 pre-funded warrants to an institutional investor at $1.00 per share, with gross proceeds expected to be approximately $2.0 million. The stock moved -15.9% by the first close after the filing.

Summary of the filing

NCI - Neo-Concept International Group Holdings Ltd is offering 250,000 Class A ordinary shares and 1,750,000 pre-funded warrants to an institutional investor at $1.00 per share, with gross proceeds expected to be approximately $2.0 million. The offering will reduce the CEO's voting power from 63.2% to 48.6%, causing the company to cease being a controlled company.

For details, click here →How to read a 424B5 →

Key details

Class A ordinary shares offeredshares 250K
Pre-funded warrants offeredwarrants 1.8M
Purchase price per Class A share$1
Placement agent fee percentagepercent 7
IssuerNCI - Neo-Concept International Group Holdings Ltd
Placement agentUnivest Securities, LLC
Chairman and ceoPengfei Jiang

How NCI stock reacted

Close before

$1.26

Sep 30, 2026

First close after

-15.87%

$1.06

5 trading days

-30.34%

$0.88

Since filing

-54.75%

$0.57

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Frequently asked questions

What did NCI file with the SEC on Oct 1, 2026?

NCI filed a 424B5 (Secondary offering). NCI - Neo-Concept International Group Holdings Ltd is offering 250,000 Class A ordinary shares and 1,750,000 pre-funded warrants to an institutional investor at $1.00 per share, with gross proceeds expected to be approximately $2.0 million. The offering will reduce the CEO's voting power from 63.2% to 48.6%, causing the company to cease being a controlled company.

What does a secondary offering mean for NCI stock?

New shares dilute existing holders and are often sold at a discount to the market price.

How do I read a 424B5?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B5 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did NCI stock react to this filing?

NCI closed at $1.26 before the filing and $1.06 on Oct 1, 2026 (-15.87%). Five trading days later: $0.88 (-30.34%).

Other NCI SEC filings

  • SCHEDULE 13G/A · SEC filingNov 6, 2026
  • 6-K · Stock splitNov 2, 2026
  • 6-K · SEC filingOct 30, 2026
  • 6-K · Stock splitOct 29, 2026
  • 6-K · Secondary offeringOct 27, 2026
  • 6-K · SEC filingOct 16, 2026
  • 6-K · Auditor changeOct 16, 2026
  • SCHEDULE 13G · SEC filingOct 7, 2026
  • 6-K · SEC filingOct 5, 2026
  • 6-K · Secondary offeringOct 1, 2026

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Source: SEC EDGAR filing 0001185185-26-004478. The summary and key details are extracted by SEPT from the filing and may contain errors. Price reaction uses daily closing prices. Not financial advice.