DDC Enterprise (DDC) Prices 3.9M Share IPO at $8.50/sh

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Go back to DDC Enterprise (DDC) Prices 3.9M Share IPO at $8.50/sh

DayDayCook Announces Pricing of Initial Public Offering

November 17, 2023 2:27 AM EST

NEW YORK, Nov. 17, 2023 (GLOBE NEWSWIRE) -- DDC Enterprise Ltd, (NYSEAM: DDC) (DayDayCook or the Company), a leading content-driven food consumer brand, today announced the pricing of its initial public offering of 3,900,000 of its Class A Ordinary Shares at a price of $8.50 per share. All the Class A Ordinary Shares are being offered by DayDayCook. In addition, DayDayCook has granted the underwriters a 30-day option to purchase an additional 585,000 shares of its common stock at the initial public offering price, less the underwriting discounts and commissions.

The gross proceeds to DayDayCook from the offering, before... More