Newater Technology (NEWA) IPO Opens, Surges Nearly 100% Higher

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Newater Technology, Inc. Announces Pricing of Initial Public Offering

July 28, 2017 8:45 AM EDT

Shares are Expected to Commence Trading Today on NASDAQ Capital Market as "NEWA"

YANTAI, China, July 28, 2017 /PRNewswire/ -- Newater Technology, Inc. ("Newater" or the "Company") (Nasdaq: NEWA), a developer and manufacturer of membrane filtration products and related hardware and engineered systems that are used in the treatment, recycling and discharge of wastewater, today announced the pricing of its initial public offering of 1,400,000 of its common shares at a price to the public of $5.00 per share for a total offering size of  $7,000,000 before underwriting discounts and... More