Ccsc technology international holdings limited announces full exercise of over-allotment option

Hong kong, feb. 08, 2024 (globe newswire) -- ccsc technology international holdings limited (the “company” or “ccsc”) (nasdaq: cctg), a hong kong-based company that engages in the sale, design and manufacturing of interconnect products, including connectors, cables and wire harnesses, today announced the underwriters of its initial public offering (the "offering") have exercised their over-allotment option in full to purchase an additional 206,250 ordinary shares at the public offering price of us$4.00 per share. after giving effect to the full exercise of the over-allotment option, the company sold an aggregate 1,581,250 ordinary shares for gross proceeds of us$6.325 million, before deducting underwriter discounts and other related expenses. the ordinary shares began trading on the nasdaq capital market on january 18, 2024, under the ticker symbol "cctg."
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