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0 0 0.0354609929078013 0.0354255319148936 -0.00709219858156029 0.0283333333333333 -0.0141843971631206 0.0177304964539006
Stock impact report

Autozi Internet Technology (Global) Ltd. Announces Closing of Initial Public Offering

Autozi Internet Technology (Global) Ltd. - Class A Ordinary Shares (AZI) 
Company Research Source: PR Newswire
BEIJING, Aug. 29, 2024 /PRNewswire/ -- Autozi Internet Technology (Global) Ltd. ("Autozi" or the "Company") (NasdaqGM: AZI), one of the leading and fast-growing lifecycle automotive service providers in China, today announced the closing of its initial public offering (the "Offering") of 2,500,000 Class A ordinary shares at a public offering price of US$4 per Class A ordinary share. The Class A ordinary shares began trading on Nasdaq Capital Market under the ticker symbol "AZI" on August 28, 2024.The Company received aggregate gross proceeds of US$10 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriter of the Offering an option, exercisable within 45 days from the date of the underwriting agreement, to purchase up to an additional 375,000 Class A ordinary shares at the public offering price, less underwriting discounts and commissions. The Offering was conducted on a firm commitment basis.Ne Show less Read more
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