Published: Aug 3, 2023 at 3:33pm ET
By Denny Jacob
Shares of Cheetah Net Supply Chain Service plummeted 19% to $3.40 after completing an initial public offering of about 1.3 million Class A common shares.
The parallel import vehicle supplier priced each share at $4 for gross proceeds of $5 million before deducting underwriting discounts and offering costs.
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By Denny Jacob
Shares of Cheetah Net Supply Chain Service plummeted 19% to $3.40 after completing an initial public offering of about 1.3 million Class A common shares.
The parallel import vehicle supplier priced each share at $4 for gross proceeds of $5 million before deducting underwriting discounts and offering costs.
Share trading on the Nasdaq Capital Market began Tuesday under the ticker symbol CTNT.
Write to Denny Jacob at [email protected]
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