Chinese fintech products provider Zenta Group prices US IPO at $4, the low end of the range
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Zenta Group, a Chinese fintech products provider, has priced its US IPO at $4 per share, raising $6 million by offering 1.5 million shares. This pricing is at the low end of the expected range of $4 to $5. With a market cap below $50 million, Zenta will not be included in Renaissance Capital's 2025 IPO statistics. The company, which has shifted focus to fintech in 2023, plans to list on Nasdaq under the symbol ZGM, with Cathay Securities as the sole bookrunner.
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