tiprankstipranks
The Fly

Globavend opens at $4.29, IPO priced at $4 per share

Globavend opens at $4.29, IPO priced at $4 per share

Globavend (GVH) priced 1.5M shares at $4.00. The deal size was reduced to 1.5M ordinary shares from 1.875M ordinary shares and priced at low end of $4.00-$5.00 range. R.F. Lafferty acted as sole book running manager for the offering. Globavend is an emerging e-commerce logistics provider offering end-to-end logistics solution in Hong Kong, Australia and New Zealand.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Questions or Comments about the article? Write to editor@tipranks.com