UPDATE: Tian Ruixiang Holdings (TIRX) Prices 3M Share IPO at $4/Sh

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TIAN RUIXIANG Holdings Ltd Announces Pricing of Initial Public Offering

January 26, 2021 8:43 PM EST

BEIJING, Jan. 26, 2021 /PRNewswire/ -- TIAN RUIXIANG Holdings Ltd (the "Company"), a China-based insurance broker, today announced the pricing of its initial public offering ("Offering") of up to 3,000,000 Class A ordinary shares at a public offering price of US$4 per share. The Class A ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on January 27, 2021 under the ticker symbol "TIRX".

The Company expects to receive aggregate gross proceeds of US$12 million from this Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has... More