Preview: Gamer Pakistan Inc Set To IPO Tomorrow
Portfolio Pulse from Benzinga Insights
Gamer Pakistan Inc (NASDAQ:GPAK) is set to IPO on September 21, with shares expected to be priced between $4.00 and $5.00. The company, which focuses on promoting esports events and product marketing, has an insider lock-up period of 180 days ending on March 19, 2024.
September 20, 2023 | 3:00 pm
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POSITIVE IMPACT
Gamer Pakistan Inc's IPO could attract investors interested in the esports industry. The share price and lock-up period could impact the stock's short-term performance.
The IPO of Gamer Pakistan Inc could attract investors due to the growing popularity of esports. The expected share price is relatively low, which could encourage more investors. However, the 180-day lock-up period could deter some investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100