BingEx Limited Announces Pricing Of $66M Initial Public Offering Of 4M ADSs At a Price OF $16.50/ADS
Portfolio Pulse from Benzinga Newsdesk
BingEx Limited, a leading courier service provider in China, has announced the pricing of its IPO, offering 4 million ADSs at $16.50 each, aiming to raise $66 million. The ADSs will trade on NASDAQ under the symbol 'FLX'.
October 04, 2024 | 2:39 pm
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BingEx Limited has priced its IPO at $16.50 per ADS, with an expected raise of $66 million. The ADSs will trade on NASDAQ under 'FLX'.
The IPO pricing and NASDAQ listing are significant events for BingEx, likely to attract investor interest and potentially drive the stock price up in the short term as it begins trading.
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