Reported Earlier, Lucas GC Prices Upsized Initial Public Offering 1.5M Common Shares At $4/Share
Portfolio Pulse from Benzinga Newsdesk
Lucas GC Limited, an AI-driven human capital management service provider, announced the pricing of its upsized IPO of 1.5 million shares at $4 each, totaling $6 million. The shares are approved for Nasdaq listing under the symbol 'LGCL' and are expected to begin trading on March 5, 2024, with the offering closing around March 7, 2024.
March 05, 2024 | 6:38 am
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Lucas GC Limited's IPO is priced at $4 per share, with 1.5 million shares offered, aiming for a total of $6 million. The shares will start trading on Nasdaq on March 5, 2024.
The announcement of Lucas GC Limited's IPO pricing and Nasdaq listing is a significant milestone for the company. The successful completion of this IPO could provide the necessary capital for expansion and operational activities, potentially leading to increased investor interest and a positive impact on the stock price in the short term.
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