Shares of CTRL Group Ltd (MCTR) surged 5% in Wednesday's pre-market trading session, following the company's successful initial public offering (IPO) on the Nasdaq Capital Market.
CTRL Group, an integrated marketing and advertising services provider in Hong Kong specializing in mobile games promotion, priced its IPO at $4 per share, raising $8 million in gross proceeds. The company offered 2 million ordinary shares in the IPO, with an option for underwriters to purchase an additional 300,000 shares.
The company plans to utilize the IPO proceeds for expanding its operations to other regions, working capital as a mobile game operator, potential acquisitions of media companies, and general working capital purposes.
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。