Epsium Enterprise opened earlier at $4.48, IPO priced at $4 per share

Earlier, the initial public offering of Epsium Enterprise (EPSM) opened for trading at $4.48. The 1.25M share IPO priced at $4.00, at the low end of the $4.00-$5.00 range. D. Boral Capital acted as sole book running manager for the offering. Epsium is engaged in importing and wholesaling primarily alcoholic beverages in Macau through its Macau operating entity, Companhia de Comercio Luz Limitada, or “Luz,” which identifies itself as a top wholesaler of high-end Chinese liquor in Macau.