Ispire Technology Inc. a branded e-cigarette and vape maker, on Friday halved the size of its planned initial public offering to 3 million shares from...
Ispire Technology Inc.
a branded e-cigarette and vape maker, on Friday halved the size of its planned initial public offering to 3 million shares from earlier plans to offer 6 million shares. The company said selling shareholders are still planning to sell another 1.75 million shares in the offering, and kept its price range at $6 to $8 a share. The company would raise $24 million at the top of that range at a valuation of $424 million US Tiger Securities Inc. is underwriting the deal.
a branded e-cigarette and vape maker, on Friday halved the size of its planned initial public offering to 3 million shares from earlier plans to offer 6 million shares. The company said selling shareholders are still planning to sell another 1.75 million shares in the offering, and kept its price range at $6 to $8 a share. The company would raise $24 million at the top of that range at a valuation of $424 million US Tiger Securities Inc. is underwriting the deal.
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