By Dean Seal
Shares of Waton Financial have tripled in their first day of trading under the ticker WTF on the Nasdaq Capital Market.
The stock was changing hands at $13.20 in the afternoon trading session after debuting at an initial public offering price of $4. Trading was halted several times throughout the day.
The Hong Kong-based provider of securities brokerage and financial technology services said Tuesday morning that it was offering 4.375 million shares at $4 apiece, along with an option for underwriters to buy up to about 656,250 shares.
The initial public offering is expected to close on Wednesday and generate about $17.5 million in gross proceeds for Waton.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
April 01, 2025 15:07 ET (19:07 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。