By Stephen Nakrosis
Creative Global Technology Holdings said its 1.25 million-share initial public offering priced at $4 a share, for total gross proceeds of $5 million.
The Hong Kong company sources and resells recycled consumer electronic devices. The company originally filed for its IPO in July of last year.
In the six months ended March 31, the company reported revenue of $20.5 million. During the six months ended March 31, 2023, the company had revenue of $27.8 million.
The company's shares are expected to begin trading on the Nasdaq Capital Market on Nov. 26 under the symbol CGTL.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
November 25, 2024 17:42 ET (22:42 GMT)
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