Magic Empire Global Limited (MEGL) IPO Opens at $50 After Pricing at $4
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Magic Empire Global Limited Announced Pricing of Initial Public Offering
August 4, 2022 7:48 PM EDTHong Kong, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (the Company or MEGL), a financial services provider in Hong Kong which principally engage in the provision of corporate finance advisory services and underwriting services, today announced the pricing of its initial public offering (the Offering) of 5,000,000 ordinary shares at a price of $4.00 per share. The ordinary shares have been approved for listing on The Nasdaq Capital Market and are expected to commence trading on August 5, 2022 under the ticker symbol MEGL.
The aggregate gross proceeds from the Offering will be $20 million, before deducting underwriting discounts and other... More