Primega Group Holdings Announces Pricing Of $6M IPO Of 1.5M Ordinary Shares At A Price Of $4/Share
Portfolio Pulse from Benzinga Newsdesk
Primega Group Holdings Limited (NASDAQ:PGHL) announced the pricing of its $6M IPO, offering 1.5M ordinary shares at $4/share. The shares will begin trading on the Nasdaq Capital Market on July 23, 2024, under the symbol 'PGHL'.
July 22, 2024 | 6:09 pm
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Primega Group Holdings Limited (NASDAQ:PGHL) has announced the pricing of its $6M IPO, with shares expected to start trading on July 23, 2024. This could lead to increased investor interest and potential stock price volatility.
The announcement of an IPO typically generates significant investor interest, which can lead to increased trading volume and potential price volatility. The pricing at $4/share and the expected trading date provide clear short-term catalysts for the stock.
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