Asia AI Group files for 10M share Nasdaq IPO at $5 per share

Investing.com -- Asia AI Group Inc. plans to offer 10 million ordinary shares at $5.00 per share in its initial public offering, according to a preliminary prospectus filed by the California-incorporated company.

The company has applied to list its shares on the Nasdaq Capital Market under the ticker symbol ASAG. The application reserves the ticker symbol for 24 months.

Asia AI Group stated it will not complete the offering unless it receives approval for listing from Nasdaq. The company noted there has been no public market for its ordinary shares prior to this offering.

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