Epsium Enterprise to Begin Trading on Nasdaq March 26

Epsium Enterprise Ltd, a Macau-based importer and wholesaler of alcoholic beverages, is set to debut on the Nasdaq Stock Market on March 26, 2025, following a $5 million initial public offering (IPO). The company will trade under the ticker symbol 'EPSM,' offering 1.25 million shares at a price of $4.00 each. Proceeds from the IPO will be allocated to product innovation, brand building, and acquisitions, among other corporate purposes. Epsium reported a revenue of $29.2 million and a profit of $5.54 million for 2023. The firm aims to enhance international partnerships and showcase Macau's economic vitality through its listing. The IPO has been underwritten by D. Boral Capital LLC and is subject to customary closing conditions.