WallachBeth Announces Pricing Of FBS Global Initial Public Offering
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WallachBeth Capital LLC announced the pricing of FBS Global Limited's IPO on NASDAQ, offering 2,250,000 shares at $4.50 each, raising $10.125 million before expenses.
February 06, 2025 | 4:30 pm
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FBS Global Limited, a green building contractor, has priced its IPO at $4.50 per share, raising $10.125 million. This marks the company's entry into the public market, potentially increasing its visibility and access to capital.
The IPO pricing and successful raising of $10.125 million is a positive development for FBS Global, indicating strong market interest and providing the company with capital to expand its operations. This is likely to have a positive short-term impact on the stock price as it begins trading.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100