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By The Online Investor Staff, updated Sat., Apr. 20, 2:07 AM
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IPOs| This Slide: #4 of 15 |
Slide #4. Junee Limited — Initial Public Offering
Company:
Junee Limited
Proposed Symbol:
JUNE
Shares Offered:
2,000,000
Price Per Share:
$4.00
Over-Allotment:
300,000
Description:
Junee Limited (the "Company" or "Junee"), a provider of interior design, fit-out and maintenance services in Hong Kong, today announced the pricing of its initial public offering (the "Offering") of 2,000,000 ordinary shares at a price of $4.00 per share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on April 17, 2024 under the ticker symbol "JUNE". The Company expects to receive aggregate gross proceeds of $8 million from the Offering, before deducting underwriting discounts and other related expenses. The Offering is expected to close on or about April 19, 2024, subject to the satisfaction of customary closing conditions. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 ordinary shares at the public offering price, less underwriting discounts.
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