Zenta Group Prices $6 Million Initial Public Offering

MT Newswires Live

09/09

Zenta Group (ZGM) said Tuesday it priced its initial public offering of 1.5 million shares at $4 each, for gross proceeds of $6 million.

The consulting and fintech solutions provider said IPO underwriters have a 45-day overallotment option to purchase up to 225,000 additional shares.

The company expects its shares to start trading on the Nasdaq Capital Market under the ticker symbol "ZGM" on Tuesday, while the IPO is expected to close Wednesday.

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