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Mingteng International Corporation Inc. Ordinary Shares - $MTEN STOCK NEWS

Welcome to our dedicated page for Mingteng International Corporation Ordinary Shares news (Ticker: $MTEN), a resource for investors and traders seeking the latest updates and insights on Mingteng International Corporation Ordinary Shares stock.

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Rhea-AI Summary
Mingteng International Inc. announced the closing of its initial public offering on the Nasdaq Capital Market under the ticker symbol MTEN. The Company sold 1,050,000 ordinary shares at a price of US$4.00 per share, raising gross proceeds of US$4.2 million. The underwriters have an option to purchase additional shares. The net proceeds will be used for expanding production facilities, purchasing equipment, R&D in mold casting for turbochargers and NEV parts, general working capital, and product expansion.
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Rhea-AI Summary
Mingteng International Inc. has announced the pricing of its initial public offering of 1,275,000 ordinary shares at a public offering price of US$4.00 per share. The Company expects to receive gross proceeds of US$5.1 million from the Offering, with shares trading on the Nasdaq Capital Market under the ticker symbol 'MTEN'.
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Mingteng International Corporation Inc. Ordinary Shares

Nasdaq:MTEN

MTEN Rankings

MTEN Stock Data

39.33M
6.05M
United States of America