Davis Commodities Prices IPO Of About 1.09 Mln Shares At $4.00/shr
RTTNews 2023-09-19 02:36:50 • 1 min
Davis Commodities Limited, an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products, said that it has priced its initial public offering of about 1.09 million ordinary shares at a public offering price of US$4.00 per ordinary share.
The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on September 19, 2023 under the ticker symbol "DTCK", the company said.
The company expects to receive aggregate gross proceeds of US$4.35 million from the Offering, before deducting underwriting discounts and other related expenses.
