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BrilliA Inc (BRIA) has successfully completed its initial public offering, raising $10 million in gross proceeds through the sale of 2,500,000 Class A Ordinary Shares at $4.00 per share. Trading began on the NYSE American stock exchange on November 27, 2024, under ticker symbol 'BRIA'. The underwriters have a 45-day option to purchase up to 375,000 additional shares. The company plans to use the proceeds for digital marketing platform development, R&D, B2B business expansion, and working capital. A.G.P./Alliance Global Partners served as the sole Book-Running manager for this firm commitment offering.
BrilliA Inc (BRIA) has announced the pricing of its initial public offering, offering 2,500,000 Class A Ordinary Shares at $4.00 per share. The company expects to raise approximately $10 million in gross proceeds before deducting underwriting costs. BRIA has granted underwriters a 45-day option to purchase up to 375,000 additional shares. Trading is set to commence on NYSE American under ticker BRIA on November 27, 2024, with the offering expected to close on November 29, 2024. A.G.P./Alliance Global Partners is serving as the sole Book-Running manager for this firm commitment offering.
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