New Century Logistics Prices $6 Million Initial Public Offering
New Century Logistics (BVI) Limited (NCEW)
Company Research
Source: GlobeNewswire
HONG KONG, Dec. 18, 2024 (GLOBE NEWSWIRE) -- New Century Logistics (BVI) Limited (“New Century” or the “Company”), an international freight forwarding company and logistics service provider, announces the pricing of its initial public offering of 1,500,000 ordinary shares at a public offering price of $4.00 per share (the “Offering”) for total gross proceeds of $6,000,000, before deducting underwriting discounts and other related expenses. The Company’s ordinary shares have been approved for listing on the Nasdaq Capital Market. Trading is expected to begin on December 18, 2024 under the symbol “NCEW.” The Company has granted the underwriters a 45-day option to purchase up to an additional 225,000 ordinary shares at the public offering price, less underwriting discounts, to cover over-allotments, if any. The Offering is being conducted on a firm commitment basis. The Company intends to use the net proceeds from the offering for business expansion, technology innovation, enha
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NCEW
Sec Filings
- 12/19/24 - Form 6-K
- 12/18/24 - Form 424B4
- 12/18/24 - Form 424B4
- NCEW's page on the SEC website