Hong Kong education company TTEI (TTEI.US) sets IPO price at $5-6 per share, raising fundraising target by 126% to $17 million
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The company currently plans to issue 3 million shares at a price of $5 to $6 per share, aiming to raise $17 million in funds. Previously, the company had applied to issue 1.3 million shares at the same price range. The funds the company now plans to raise will be 126% more than previously expected. The company plans to list on Nasdaq under the ticker symbol "TTEI".
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