Earlyworks Prices IPO Of 1.2M ADSs At $5.00 Per ADS
Portfolio Pulse from Benzinga Newsdesk
Earlyworks has priced its Initial Public Offering (IPO) of 1.2 million American Depositary Shares (ADSs) at $5.00 per ADS. Each ADS represents one ordinary share of the company. The ADSs have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on July 25, 2023, under the ticker symbol 'ELWS'.
July 24, 2023 | 8:01 pm
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Earlyworks' IPO pricing of its 1.2 million ADSs at $5.00 each could attract investors. Trading on the Nasdaq Capital Market is set to commence on July 25, 2023.
The pricing of Earlyworks' IPO at $5.00 per ADS could be attractive to investors, potentially leading to a positive impact on the stock's price once it starts trading. The fact that the ADSs have been approved for listing on the Nasdaq Capital Market also adds credibility and visibility to the company, which could further boost investor interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100