CTW Cayman announced the pricing of its Initial Public Offering (IPO) of 2,400,000 Class A ordinary shares at $5.00 per share. This pricing is expected to generate aggregate gross proceeds of $12.0 million for the company.
The ordinary shares have been approved for listing on The Nasdaq Capital Market and are anticipated to commence trading on August 6, 2025, under the ticker symbol 'CTW'. This marks CTW Cayman's debut on a major U.S. stock exchange.
Approximately 85% of the net proceeds from the offering are earmarked to support the company’s global market expansion initiatives. The remaining funds will be allocated to general working capital and other corporate purposes, fueling CTW's growth strategy.
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