Figma Shares Indicated To Open $105/$110
Investing.com -- Epsium Enterprise’s shares began trading on the Nasdaq Capital Market today, opening at $4.48 per share, $0.48 higher than the original price. This comes after the initial public offering (IPO) was priced at $4.00 per share. The company’s shares are being traded under the ticker symbol "EPSM".
Just yesterday, Epsium announced a public offering of 1,250,000 ordinary shares at $4.00 each. The company anticipates gross proceeds of $5.0 million from this offering, prior to subtracting underwriting discounts and other associated expenses.
In an additional move, Epsium has provided the underwriters with a 45-day option. This allows them to purchase up to an extra 187,500 ordinary shares at the public offering price, after accounting for underwriting discounts.
The offering is being executed on a firm commitment basis, with D. Boral (OTC:BOALY) Capital LLC serving as the sole underwriter. The funds raised from the offering will contribute to the company’s overall capital, supporting its business operations and future endeavors.
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