TechCreate Group (TCGL) shares rose 21% in their NYSE American debut on Wednesday after the Singapore-based payment software provider priced its initial public offering at $4 a share.
The company sold 2.55 million Class A shares, raising $10.2 million. Underwriters have a 45-day option to purchase an additional 382,500 shares to cover overallotments.
The offering is expected to close by Thursday, the company said Wednesday in a statement.
Price: 4.83, Change: +0.83, Percent Change: +20.75
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