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Fuxing China Targets Nasdaq with New Share Offering
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Fuxing China Targets Nasdaq with New Share Offering

Fuxing China Group Ltd. (SG:AWK) has released an update.

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Fuxing China Group Limited has announced its plans for a secondary listing on the Nasdaq Stock Market, including a registration statement filed with the U.S. SEC as of April 2, 2024. In line with this, the company aims to offer up to 2.3 million new ordinary shares, aiming to expand its share capital by approximately 11.62%. The offering price for these shares is estimated to range from $4.00 to $4.50 each.

For further insights into SG:AWK stock, check out TipRanks’ Stock Analysis page.

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