YXT.com Group Holding said Friday it has priced its initial public offering of about 2.3 million American depositary shares at $11 each for a total offering size of about $25 million.
Each ADS will represent three class A ordinary shares of the technology company.
Underwriters have been granted a 30-day option to purchase up to 340,950 additional ADSs.
The ADSs were approved to begin trading on the Nasdaq Global Market this Friday, under the ticker symbol, "YXT." The offering will close on Monday.
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