SU Group Holdings Reports Pricing Of IPO Of 1.25M Ordinary Shares At $4.00 Per Share; Expects To Begin Trading On Nasdaq On January 24, 2024 Under Symbol "SUGP"
Portfolio Pulse from Benzinga Newsdesk
SU Group Holdings has announced the pricing of its initial public offering (IPO) of 1.25 million ordinary shares at $4.00 each. The company expects its shares to begin trading on the Nasdaq on January 24, 2024, under the ticker symbol 'SUGP'.
January 23, 2024 | 10:32 pm
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SU Group Holdings is set to go public with its shares priced at $4.00, trading on Nasdaq starting January 24, 2024.
The announcement of an IPO pricing is a significant event for a company and typically leads to increased interest and potential demand for the shares. Given that this is the initial offering, the impact is direct and highly relevant to the company. The confidence score is not at the maximum because market conditions at the time of trading commencement could affect the actual performance of the stock.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100