China Xiangtai Food Co., Ltd. Announces Commencement of Trading on The Nasdaq Capital Market under the Symbol "PLIN"
China Xiangtai Food Co., Ltd. - Ordinary Shares (PLIN)
Company Research
Source: PR Newswire
CHONGQING, China, Aug. 13, 2019 /PRNewswire/ -- China Xiangtai Food Co., Ltd. (the "Company"), an emerging growth company primarily engaged in pork processing in China, today announced that its ordinary shares are expected to commence trading on The Nasdaq Capital Market on August 14, 2019 under the ticker symbol "PLIN".On May 10, 2019, the Company announced the closing of its initial public offering ("IPO") of 1,172,360 ordinary shares at a price to the public of $5.00 per share for a total of $5,861,800 in gross proceeds before expenses, underwriting discount and commissions.Zeshu Dai, Chairwoman of the Board and Chief Executive Officer of the Company, commented,"Our listing on the Nasdaq Capital Market is an important corporate milestone that reflects our commitment to our shareholders. We believe trading on the Nasdaq may greatly expand the pool of potential investors globally. Following the progress our management team and Board have made in executing our strategic vision, we wi
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