Oriental Rise Holding Prices IPO Of 1.75M Ordinary Shares At $4 Per Share, For Total Gross Proceeds Of $7M
Portfolio Pulse from Benzinga Newsdesk
Oriental Rise Holding Limited, a tea product supplier in China, is pricing its IPO at $4 per share, aiming to raise $7 million. The shares will trade on Nasdaq under the symbol 'ORIS' starting October 17, 2024.

October 16, 2024 | 9:53 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Oriental Rise Holding Limited is launching its IPO with shares priced at $4, targeting $7 million in proceeds. The shares will trade on Nasdaq under 'ORIS' starting October 17, 2024.
The IPO pricing and upcoming trading on Nasdaq are significant events for Oriental Rise Holding Limited, likely to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100