Solowin Holdings Limited IPOs Tomorrow, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Solowin Holdings Limited (NASDAQ:SWIN) is set to IPO on August 16 on the NASDAQ exchange under the ticker SWIN. The company is offering shares at an expected price between $4.00 and $6.00 per share with an insider lock-up period of 180 days ending on February 12, 2024. Solowin is a holding company with no material operations of its own, conducting its operations primarily through its wholly owned subsidiary, Solomon JFZ.
August 15, 2023 | 3:00 pm
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Solowin Holdings Limited is set to IPO on August 16. The shares are expected to be priced between $4.00 and $6.00 with an insider lock-up period of 180 days.
The IPO of Solowin Holdings Limited is a significant event for the company. The pricing of the shares and the insider lock-up period are key details that could influence the stock's performance in the short term. However, as the company is a holding company with no material operations of its own, the performance of its subsidiary, Solomon JFZ, could also impact the stock's performance.
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