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Reported Late Wednesday, Planet Image International Prices Initial Public Offering Of 1.25M Ordinary Shares At $4/Share

Benzinga ·  Jan 25 15:12

Planet Image International Limited ("Planet Image" or the "Company") (NASDAQ:YIBO), an export-oriented manufacturer and seller of compatible toner cartridges based in China, the U.S. and Europe, today announced the pricing of its initial public offering of 1,250,000 Class A ordinary shares at a public offering price of US$4.00 per share for total gross proceeds of approximately US$ 5 million, before deducting underwriting discounts and offering expenses payable by the Company. The Class A ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on The Nasdaq Capital Market under the ticker symbol "YIBO" on January 25, 2024.

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