Happy City said late Monday that it has priced its initial public offering of 1.1 million Class A shares at $5.00 apiece, with trading on Nasdaq expected to start Tuesday.
The hotpot restaurant operator in Hong Kong said it has granted its underwriters a 45-day option to purchase up to an additional 165,000 shares. It expects to close the offering Wednesday.
Proceeds will be used for business expansion in Hong Kong and Southeast Asia region, working capital and general corporate purposes, according to Happy City.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。