Oriental Rise Holding Limited Announces Pricing of Initial Public Offering
Oriental Rise Holdings Limited - Ordinary Shares (ORIS)
Company Research
Source: GlobeNewswire
Ningde, China, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Oriental Rise Holding Limited (“Oriental Rise” or the "Company") (NasdaqCM: ORIS), an integrated supplier of tea products in mainland China, today announced the pricing of its initial public offering (the "Offering") of 1,750,000 ordinary shares at a public offering price of $4 per ordinary share, for total gross proceeds of $7 million, before deducting underwriting discounts and offering expenses. The Offering is being conducted on a firm commitment basis. The ordinary shares are expected to commence trading on Nasdaq Capital Market under the ticker symbol “ORIS” on October 17, 2024. The Company has granted the underwriter an option, exercisable within 45 days from the date of the underwriting agreement, to purchase up to an additional 262,500 ordinary shares at the public offering price, less underwriting discounts and expenses. The Offering is expected to close on October 18, 2024, subject to customary closing condition
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ORIS
Sec Filings
- 10/18/24 - Form 6-K
- 10/17/24 - Form 424B4
- 10/16/24 - Form 6-K
- ORIS's page on the SEC website