Baiya International (BIYA), a Chinese recruitment services provider, said Friday it priced an initial public offering of 2.5 million common shares at $4 apiece to raise gross proceeds of $10 million.
Underwriters have been granted a 45-day option to purchase up to 375,000 additional shares, the company said.
The shares are expected to start trading on the Nasdaq Capital Market on Friday under the "BIYA" ticker symbol, with the offering expected to close on Monday, the company said.
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