Ostin technology group co., ltd. announces closing of initial public offering, including full exercise of the over-allotment option

Nanjing, china, april 29, 2022 (globe newswire) --  ostin technology group co., ltd. (the "company") (nasdaq: ost), a supplier of display modules and polarizers in china, today announced the closing of its initial public offering (the “offering”) of 3,881,250 ordinary shares, including 506,250 ordinary shares comprising the underwriters' over-allotment option which was exercised in full, at a public offering price of $4.00 per ordinary share, for aggregate gross proceeds of $15,525,000 before deducting underwriting discounts and commissions and offering expenses. the offering closed on april 29, 2022 and the ordinary shares began trading on april 27, 2022 on the nasdaq capital market under the ticker symbol “ost.”
OST Ratings Summary
OST Quant Ranking