Lakeside Holding (LSH) said late Thursday it priced its initial public offering of 1.5 million common shares at $4.50 per share for gross proceeds of about $6.8 million.
The company granted the underwriters a 30-day option to purchase up to 225,000 additional shares to cover any over-allotments.
The shares will begin trading on Nasdaq on Friday under the ticker "LSH," and the offering is due to close on July 1.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments