Warrantee Inc. Announces Pricing Of $9.6M Initial Public Offering Of 2.4M ADS At A Price Of $4/ADS
Portfolio Pulse from Happy Mohamed
Warrantee Inc., a Japanese marketing and market research technology company, has announced the pricing of its initial public offering (IPO) of 2.4 million American Depositary Shares (ADSs) at $4.00 per ADS. The ADSs, which have been approved for listing on the Nasdaq Capital Market, are expected to start trading on July 25, 2023, under the ticker symbol 'WRNT'. The company expects to receive gross proceeds of $9.6 million from the offering.
July 25, 2023 | 5:32 pm
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Warrantee Inc.'s IPO is priced at $4 per ADS, with the company expecting to raise $9.6 million. Trading on the Nasdaq is set to begin on July 25, 2023.
The news of Warrantee Inc.'s IPO pricing and its upcoming listing on the Nasdaq is directly relevant to the company and its stock. This could potentially attract investors, leading to a positive impact on the stock price in the short term.
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