ROLLING HILLS ESTATES, Calif. - July 2, 2025 - PRLog -- Comprehensive Architectural Services, Including Design and Fit Out Services for Commercial and Residential Buildings.
Integrating Cutting-Edge Artificial Intelligence with Established Human Expertise.
Committed to Innovation, Efficiency and Scalability at the Intersection of Architectural Excellence and Technological Advancement.
Launch of Accelerated AI Platform Development and Strategic Expansion.
PlanAId Compliance Automation AI Platform Advancing Toward Deployment.
PlanAId is Expected to Significantly Reduce Permit Review Timelines Creating Efficiency Gains for Architects and Developers.
Co-Developing AI Application to Automatically Generates Mechanical, Electrical, Plumbing and Structural Documentation From Architectural Layouts.
Initiating Development of Senior Assisted Living Communities.
Exercise and Closing of Underwriter's Full Over-Allotment Option in Connection with Initial Public Offering.
OFA Group, (N A S D A Q: OFAL) through its wholly owned operating subsidiary, Office for Fine Architecture Limited, provides comprehensive architectural services, including design and fit out services for commercial and residential buildings. The OFAL mission is to leverage its expertise in architectural design to maximize the potential of every property, ensuring that its unique attributes are highlighted and enhanced.
At the forefront of architectural innovation, OFAL is developing proprietary AI technologies that aim to enhance the Company's architectural design services by integrating cutting-edge artificial intelligence with human expertise. OFAL is committed to innovation, efficiency, and scalability at the intersection of architectural excellence and technological advancement.
OFA Group Announces AI Platform Development and Strategic Expansion
On June 24th OFAL announced its recent progress of its operations. OFAL completed the closing of its IPO on May 22, 2025 and continues to advance its dual-track strategy, focusing on the development of proprietary AI platforms and targeted expansion into high-demand real estate markets.
Progress in AI Platform Development
OFAL has accelerated the development of its two core artificial intelligence platforms, designed to streamline regulatory compliance and automate core architectural processes:
PlanAId: the OFAL flagship compliance automation platform is advancing toward deployment. PlanAId will leverage artificial intelligence to interpret region-specific building codes and automate design validation. The system is expected to significantly reduce permit review timelines creating efficiency gains for architects and developers.
Document Auto-Generation AI: OFAL is co-developing a new AI application that automatically generates mechanical, electrical, plumbing, and structural documentation from architectural layouts. This tool is expected to shorten turnaround times while reducing third-party consulting costs and increasing project throughput.
Strategic Real Estate Initiatives in Senior Living
In parallel with its software innovation, OFAL is initiating the development of senior assisted living communities. OFAL is in the process of evaluating property and preparing architectural plans in response to growing demographic demand. This expansion leverages OFAL design expertise and is expected to position the Company in a resilient, high-growth segment of the real estate market.
Positioned for Scalable, Durable Growth
OFAL remains focused on building a long-term platform that combines AI innovation with strategic development and seeks to drive scalable and sustainable growth. The Company is committed to disciplined capital allocation, executional excellence, and maintaining the flexibility to pursue high-impact opportunities that align with its mission and maximize shareholder value.
Exercise and Closing of Underwriter's Full Over-Allotment Option in Connection with Initial Public Offering
On June 5th OFAL announced that the underwriter of its previously announced initial public offering of 3,750,000 ordinary shares has exercised its option in full to purchase an additional 562,500 ordinary shares at the public offering price of $4.00 per share. The issuance and sale of these additional shares closed that day.
After giving effect to the full exercise of the over-allotment option, the total number of ordinary OFAL shares sold by the Company in the Offering increased to 4,312,500 ordinary shares and the gross proceeds increased to $17,250,000 before deducting underwriting discounts and commissions.
R.F. Lafferty & Co., Inc. served as sole underwriter for the Offering.
For more information on $OFAL visit: https://www.ofacorp.com/
Contact:
OFA GROUP
609 Deep Valley Drive, Suite 200
Rolling Hills, CA 90274
1(800)418-5160
www.ofacorp.com
info@ofacorp.com
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