Powerbridge Technologies Co., Ltd. (PBTS) Prices 1.7M Share IPO at $0.00167/Sh

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Powerbridge Technologies Co., Ltd. Announces Pricing of Initial Public Offering

April 1, 2019 8:10 PM EDT

Zhuhai, China, April 01, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Powerbridge Technologies Co., Ltd. (Powerbridge or the Company), a global trade software application and technology services provider, today announced the pricing of its initial public offering (IPO or the Offering) of its 1,750,000 ordinary shares, par value US$0.00166667 per share (the Shares), at an offering price of $5.0 per share, for gross proceeds of US$8,750,000. The Shares are expected to begin trading on the NASDAQ Capital Market on April 2, 2019, under the symbol PBTS.

The Offering is expected to close on... More