Welcome to our dedicated page for ISPIRE TECHNOLOGY news (Ticker: ISPR), a resource for investors and traders seeking the latest updates and insights on ISPIRE TECHNOLOGY stock.
Ispire Technology Inc. (ISPR) delivers innovative vaping solutions through its Aspire e-cigarettes and cannabis vaporization systems. This news hub provides investors and industry professionals with essential updates on technological advancements, regulatory developments, and strategic partnerships shaping the alternative consumption market.
Access real-time announcements including quarterly earnings reports, product launch details, and manufacturing innovations. Our curated collection features press releases about precision dosing breakthroughs, ODM collaborations with global brands, and expansions into new international markets.
Stay informed about ISPR's progress in cannabis vaporization technology, patent filings, and compliance initiatives. The archive serves as a strategic resource for analyzing market trends and corporate milestones in the evolving vaping sector.
Bookmark this page for direct access to verified corporate communications. Combine regular monitoring with fundamental analysis tools to track ISPR's position in the competitive landscape of reduced-risk nicotine and cannabis delivery systems.
Ispire Technology Inc. (NASDAQ: ISPR), a leader in vapor technology, announced the successful completion of its initial public offering (IPO). The underwriters fully exercised their option to purchase an additional 405,000 shares of common stock at $7.00 per share, generating gross proceeds of approximately $21.7 million. The sale was finalized on April 25, 2023, with shares trading on NASDAQ since April 4, 2023. US Tiger Securities acted as the sole book-running manager, with TFI Securities and Prime Number Capital serving as underwriters. Ispire focuses on the R&D, design, and distribution of e-cigarettes and cannabis vaping products, holding over 200 global patents. The Company is expanding its reach in the cannabis market, primarily in the U.S., Canada, and Europe.
Ispire Technology Inc. (NASDAQ: ISPR) has announced a strategic partnership with Cookies, a leading cannabis lifestyle brand. Under the terms of their supply agreement, Cookies will facilitate the purchase of 15 million units of Ispire products through their retail and wholesale partners. Ispire will also provide dedicated support to Cookies’ product needs. CFO Michael Wang emphasized the quality of Ispire's CBD vaping products and expressed anticipation for this mutually beneficial relationship. Cookies President Parker Berling highlighted the development of unique hardware for their CBD and wellness lines, with a nationwide product launch expected soon. Ispire is involved in the R&D, design, and distribution of branded vapor products, holding more than 200 patents globally.
Ispire Technology Inc. (NASDAQ: ISPR) has successfully closed its initial public offering (IPO) of 2,700,000 shares at a price of $7.00 per share, raising approximately $18.9 million, excluding underwriting fees and estimated expenses. Trading of the shares commenced on April 4, 2023. US Tiger Securities, Inc. served as the sole book-running manager, while TFI Securities and Futures Limited and Prime Number Capital, LLC functioned as underwriters. Additionally, there are 1,750,000 shares available from two selling stockholders, with no proceeds going to the company from these sales. The registration statement for the IPO was declared effective on April 3, 2023, and the offering details can be found in the final prospectus filed with the SEC.
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