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Tungray Technologies Bolsters IPO with Over-Allotment

Tungray Technologies Inc Class A (TRSG) has released an update.

Tungray Technologies Inc, an industrial solutions provider for OEMs, has successfully raised an additional $5.41 million through a partial exercise of the over-allotment option by US Tiger Securities, Inc. in its IPO, with the sale of 103,485 additional Class A shares at $4.00 each. The company specializes in custom manufacturing solutions for various industries and has over two decades of experience in delivering quality engineered-to-order products.

For further insights into TRSG stock, check out TipRanks’ Stock Analysis page.

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