- Hong Kong-based provider of financial advisory and underwriting services, Magic Empire Global Limited ( NASDAQ: MEGL ) opened at $50, after raising $20M by offering 5M shares at $4.
- IPO was priced at the lower end of the expected range between $4 to $5.
- The offering is expected to close on or about August 9, 2022.
- For the years ended December 31, 2021 and 2020, Magic Empire engaged in 6 IPO sponsorship projects, 31 financial advisory projects, 24 compliance advisory projects, and 3 underwriting projects.
- Shares trading on the Nasdaq under the ticker symbol “MEGL.”
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Magic Empire Global Limited opens at $50, after pricing IPO at $4