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SPAK - Starbox Group Holdings Aims For $23 Million U.S. IPO
June, 17 2022 12:44 PM
Defiance Next Gen SPAC Derived
Starbox Group Holdings Ltd. has filed proposed terms for a $22.5 million IPO. The Malaysia-based firm provides advertising services and a mobile platform for retailers to better connect with customers. STBX is a tiny company with limited operating history, and the IPO appears priced for perfection. While the IPO may attract day traders seeking volatility in early trading, I'm on Hold for the company over the longer term. For further details see:
Starbox Group Holdings Aims For $23 Million U.S. IPO
Stock Information
Company Name:
Defiance Next Gen SPAC Derived
Stock Symbol:
SPAK
Market:
NYSE
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