EZGO Technologies Ltd. (EZGO) Prices 2.8M Share IPO at $4/Sh

January 26, 2021 6:06 AM EST

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EZGO Technologies Ltd. (NASDAQ: EZGO), a leading short-distance transportation solutions provider in China, today announced the pricing of its firm commitment initial public offering of 2,800,000 ordinary shares at a public offering price of $4.00 per share, for total gross proceeds of $11.2 million, before deducting underwriting discounts, commissions and other related expenses. In addition, EZGO has granted the underwriters a 45-day option to purchase up to an additional 420,000 ordinary shares at the public offering price, less underwriting discount and commissions. The shares are scheduled to begin trading on the Nasdaq Capital Market tomorrow, January 26, 2021, under the ticker symbol "EZGO". The offering is expected to close on or about January 28, 2021, subject to customary closing conditions.

ViewTrade Securities, Inc., a global provider of brokerage, investment banking, corporate /advisory and trading platform services, acted as sole book-running manager for the offering.

A registration statement relating to the securities being sold in this offering was declared effective by the Securities and Exchange Commission on December 31, 2020.



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