Jinxin Technology prices its IPO at $4 per ADS, aiming to raise $5 million on Nasdaq.

Jinxin Technology Holding Co., a Chinese digital content provider, priced its IPO at $4 per American Depositary Share (ADS), planning to raise $5 million. The company will issue 1.25 million ADSs, each representing 18 ordinary shares, to be listed on The Nasdaq Capital Market under the ticker "NAMI." Proceeds will fund product development, marketing, recruitment, and potential acquisitions. The offering is set to close on December 9, with underwriters Craft Capital Management LLC and WestPark Capital, Inc. involved.

3 months ago
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