Vantage (VNTG) shares were up sharply in recent Thursday trading after opening at $4.39 on the NYSE American exchange.
The shipbroking company said Wednesday it priced an initial public offering of 3.25 million class A shares at $4 per share and expects the offering to close on or about Friday.
Vantage also granted underwriters a 45-day option to acquire up to 487,500 shares at the IPO price to cover any over-allotments.
Price: 5.37, Change: +1.37, Percent Change: +34.25
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