Pheton holdings ltd announces closing of initial public offering

Beijing, china, sept. 06, 2024 (globe newswire) -- pheton holdings ltd (the “company” or “pheton”), a healthcare solution provider specializing in treatment planning systems for brachytherapy and other related products and services, today announced the closing of its initial public offering (the “offering”) of 2,250,000 class a ordinary shares at a public offering price of $4.00 per share, for total gross proceeds of $9 million, before deducting underwriting discounts and other related expenses.
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