JBDI Holdings Reports Pricing Of Its IPO Of Aggregate 2.25M Ordinary Shares At $5.00 Per Share For Total Gross Proceeds Of $11.25M
Portfolio Pulse from Benzinga Newsdesk
JBDI Holdings has announced the pricing of its IPO, offering 2.25 million ordinary shares at $5.00 each, aiming to raise $11.25 million. The shares will trade on Nasdaq under the ticker 'JBDI' starting August 27, 2024, with the offering expected to close by August 28, 2024.
August 26, 2024 | 9:06 pm
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JBDI Holdings is launching its IPO with 2.25 million shares priced at $5.00 each, targeting $11.25 million in gross proceeds. Trading begins on Nasdaq on August 27, 2024.
The IPO pricing and upcoming trading on Nasdaq are significant events for JBDI Holdings, likely to attract investor attention and impact the stock price positively in the short term.
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