UP Fintech Holding Limited (TIGR) Announces Proposed 15M ADS Offering
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UP Fintech Announces Proposed Follow-on Public Offering of American Depositary Shares
October 22, 2024 8:05 AM EDTSINGAPORE, Oct. 22, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (UP Fintech or the Company), a leading online brokerage firm focusing on global investors, today announced that it intends to offer and sell 15,000,000 American Depositary Shares (ADSs), each representing 15 Class A ordinary shares of the Company, subject to market and other conditions, in an underwritten public offering. The underwriters have an option to purchase up to an aggregate of 2,250,000 additional ADSs from the Company at the public offering price, less underwriting discounts and commissions, exercisable within 20 days from the date of the prospectus... More
