UP Fintech’s $90 Million ADS Offering Announced
Company Announcements

UP Fintech’s $90 Million ADS Offering Announced

Up Fintech Holding (TIGR) has released an update.

UP Fintech Holding Limited, a prominent online brokerage firm, has announced the pricing of a public offering of 15 million American Depositary Shares at $6.25 per ADS, aiming to raise approximately $90 million. The proceeds are intended to bolster the company’s capital base and support its business development initiatives. The offering is expected to close on October 24, 2024, with Deutsche Bank and other major institutions acting as joint bookrunners.

For further insights into TIGR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskUP Fintech Reports Record Revenue and Customer Growth
Jason CarrTIGR Earnings Report this Week: Is It a Buy, Ahead of Earnings?
TheFlyUP Fintech Holding Ltd call volume above normal and directionally bullish
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App