Hanryu holdings, inc. announces closing of $8.8 million initial public offering

Seoul, south korea / accesswire / august 3, 2023 / hanryu holdings, inc. ("hanryu" or the "company") (nasdaq:hryu), a media-tech company and creator of fantoo, an all-in-one social media experience connecting k-culture fans globally, today announced the closing of its initial public offering of 877,328 shares of common stock at a public offering price of $10.00 per share. the gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses, were approximately $8.8 million.
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