Everbright Digital Holding Limited (NASDAQ: EDHL) stock is soaring 15% in intraday trading on Thursday, marking a strong debut on the Nasdaq Capital Market. The impressive rally comes as the company begins trading following its initial public offering (IPO), which was priced at $4 per share.
The Chinese digital technology company successfully raised $6 million in its IPO by offering 1.5 million ordinary shares. Additionally, the underwriters have been granted a 45-day option to purchase up to an additional 225,000 shares. The IPO, which closed on Wednesday, has apparently generated significant investor interest, leading to the stock's robust performance on its first trading day.
Everbright Digital Holding plans to utilize the net proceeds from the IPO for various strategic initiatives. These include marketing and business expansion, research and development of core technologies, business development, talent acquisition and training, as well as general corporate purposes. The successful listing and positive market reception could provide the company with a solid foundation to pursue its growth objectives in the competitive digital technology sector.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。