Pop culture group co., ltd announces closing of initial public offering

Xiamen, china, july 2, 2021 /prnewswire/ – pop culture group co., ltd (the "company") (nasdaq: cpop), a hip-pop culture company in china, today announced the closing of its initial public offering (the "offering") of 6,200,000 class a ordinary shares at a public offering price of us$6.00 per share. the company received aggregate gross proceeds of us$37.2 million from the offering, before deducting underwriting discounts and other related expenses.
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