Ispire technology inc. announces closing of initial public offering

Los angeles, april 06, 2023 (globe newswire) -- ispire technology inc. (“ispire” or “the company”) (nasdaq: ispr), a leader for vapor technology, providing high-quality, innovative products with first-class performance, today announced the closing of its initial public offering of 2,700,000 shares of common stock at the initial public offering price of $7.00 per share. gross proceeds from the offering were approximately $18.9 million, before underwriting discounts and commissions and estimated offering expenses. the common stock began trading on the nasdaq capital market on april 4, 2023.
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