Netclass Technology (NTCL) shares were up Friday in their trading debut on Nasdaq after the company priced 1.8 million Class A shares at $5.00 per share in its initial public offering.
The shares were up over 5% at $5.27 in recent trading after opening at $5.25.
Underwriters, including Newbridge Securities and Revere Securities, have been granted a 45-day option to buy up to 270,000 additional shares, the company said.
The offering is expected to close Monday.
Net proceeds will be used for the development of its courseware and online technology platform, expansion of application development and subscription services, among other purposes, according to the company.
Price: 5.27, Change: +0.27, Percent Change: +5.40
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。