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0.00537500000000013 -0.075225 -0.0275 0.075 0.07125 -0.00259999999999994 -0.00249999999999995 0
Stock impact report

HUHUTECH International Group Inc. Announces Pricing of Initial Public Offering

HUHUTECH International Group Inc. - Ordinary Shares (HUHU) 
Company Research Source: GlobeNewswire
Wuxi, China, Oct. 21, 2024 (GLOBE NEWSWIRE) -- HUHUTECH International Group Inc. (the “Company” or “HUHUTECH”), a professional provider of factory facility management and monitoring systems, today announced the pricing of its initial public offering (the “Offering”) of 1,050,000 ordinary shares (“Ordinary Shares”) at a public offering price of US$4.0 per Ordinary Share. The Ordinary Shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on October 22, 2024 under the ticker symbol “HUHU.” The Company expects to receive aggregate gross proceeds of US$4.2 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 157,500 Ordinary Shares at the public offering price, less underwriting discounts. The Offering is expected to close on or about October 23, 2024, subject to the satisfaction of customary c Show less Read more
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