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-0.00803212851405623 -0.0213855421686748 -0.0358835341365462 -0.0321285140562249 -0.0291164658634539 -0.00602409638554222 0.0843373493975903 0.0943775100401606
Stock impact report

Tungray Technologies Inc Announces Closing of Initial Public Offering

Tungray Technologies Inc - Class A Ordinary Shares (TRSG) 
Company Research Source: PR Newswire
SINGAPORE, April 23, 2024 /PRNewswire/ -- Tungray Technologies Inc (the "Company" or "Tungray") (NasdaqCM: TRSG), a provider of customized industrial manufacturing solutions to Original Equipment Manufacturers (OEMs) in the semiconductors, printers, electronics, and home appliances industries, today announced the closing of its initial public offering (the "Offering") of 1,250,000 Class A ordinary shares at a public offering price of $4 per share. The Class A ordinary shares began trading on Nasdaq Capital Market under the ticker symbol "TRSG" on April 19, 2024.The Company received aggregate gross proceeds of $5 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriter an option, exercisable within 45 days from the effective date of the Company's registration statement, to purchase up to an additional 187,500 ordinary shares at the public offering price, less underwriting discounts and commission Show less Read more
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