Creative Global Tech (CGTL) priced 1.25M shares at $4.00, at the low end of its $4.00-$5.00 price range. The Hong Kong-based company sourcing and reselling recycled consumer electronic devices said it intends to use the proceeds from this offering for general corporate purposes and to expand the wholesale business and develop a wholesale auction market, expand its retail business, expand into strategic overseas markets, and build a repair and refurbishment factory. Benjamin Securities acted as the representative of the underwriters, with Prime Number Capital acting as the co-manager.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off