Chinese auto insurance provider Qingmin Digital Technology adjusts its US IPO fundraising scale by 317%, aiming to raise $31 million
I'm PortAI, I can summarize articles.
Chinese automotive insurance aftermarket service provider Qingmin Digital Technology increased the proposed transaction size for its upcoming IPO last Friday, planning to raise $31 million, a 317% increase from the previously applied issuance size of 1.5 million shares. The company will issue 6.3 million shares at a price of $4 to $6 per share, focusing on providing comprehensive business solutions for third-party automotive insurance service providers and insurance companies. Qingmin Digital Technology was established in 2013 and has shown solid financial performance, with plans to list on NASDAQ under the stock code QMSK
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments