Fitell Corporation IPOs Tomorrow, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Fitell Corporation (NASDAQ:FTEL) is set to IPO on August 1st on the NASDAQ exchange under the ticker FTEL. The company is offering shares at an expected price between $5.00 and $6.00 per share with an insider lock-up period of 180 days ending on January 28, 2024. Fitell operates through its wholly owned subsidiary GD Wellness PTY LTD, a gym and fitness equipment retailer.
July 31, 2023 | 3:00 pm
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Fitell Corporation is set to IPO on the NASDAQ. The expected share price is between $5.00 and $6.00 with an insider lock-up period of 180 days.
The IPO of Fitell Corporation is a significant event for the company. The expected share price and the insider lock-up period are key details that investors will be looking at. The IPO could potentially increase the liquidity of the company's shares and attract more investors, which could drive up the share price in the short term.
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