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Garden Stage Ltd - GSIW STOCK NEWS

Welcome to our dedicated news page for Garden Stage (Ticker: GSIW), a resource for investors and traders seeking the latest updates and insights on Garden Stage.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Garden Stage's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Garden Stage's position in the market.

Rhea-AI Summary
Garden Stage Limited (GSIW) successfully closed its initial public offering of 2,500,000 ordinary shares at a public offering price of US$4.00 per ordinary share. The underwriters exercised the Over-Allotment Option in full to purchase an additional 375,000 Ordinary Shares, bringing the total gross proceeds to US$11.5 million. The company plans to utilize the funds for expanding underwriting and placing services, commencing securities margin financing services, enhancing IT infrastructure, expanding asset management services, and general working capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
Tags
IPO offering
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Rhea-AI Summary
Garden Stage Limited (GSIW) announces the pricing of its initial public offering of 2,500,000 ordinary shares at a public offering price of US$4.00 per ordinary share. The Company expects to receive aggregate gross proceeds of US$10 million from the Offering, before deducting underwriting discounts and other related expenses. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on December 1, 2023, under the ticker symbol 'GSIW'.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
IPO offering
Garden Stage Ltd

Nasdaq:GSIW

GSIW Rankings

GSIW Stock Data

146.70M
Investment Banking and Securities Dealing
Finance and Insurance