Junee Limited IPO Raises Over $9 Million

Junee Limited (JUNE) has released an update.

Junee Limited successfully concluded its initial public offering after Spartan Capital Securities, the offering’s underwriters, exercised an over-allotment option to purchase additional shares. This move brought the total gross proceeds of the IPO to $9,052,272, prior to fees and expenses. The company’s shares were sold at $4.00 each during the closing of the over-allotment on June 3, 2024.

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