Creative Global Technology Holdings Ltd (CGTL) Prices 1.25M Share IPO at $4/sh

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Creative Global Technology Holdings Limited Announces Pricing of Its Initial Public Offering

November 25, 2024 4:52 PM EST

Hong Kong, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Creative Global Technology Holdings Limited (the Company or CGTL), a Hong Kong-based company sourcing and reselling recycled consumer electronic devices, today announced the pricing of its initial public offering (the Offering) of 1,250,000 ordinary shares (the Ordinary Shares) at a public offering price of $4.00 per share for total gross proceeds of $5,000,000, before deducting underwriting discounts and other offering expenses. The Ordinary Shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on November 26, 2024, under the ticker symbol CGTL.

The Company has granted the underwriters an option,... More