Hong Kong marketing platform Red Wisdom Creation sets IPO price at $4-5 per share, increases fundraising target by 47% to $28 million
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The company now plans to issue 6.3 million shares at a price of $4-5 per share to raise $28 million. Previously, the company planned to issue 4.3 million shares at the same price range to raise $19 million. The latest proposed fundraising scale has increased by 47% compared to the previous plan. The company plans to list on Nasdaq but has not yet selected a stock code.
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