HUHUTECH International Group Inc. began trading its ordinary shares on the Nasdaq Capital Market on October 22, 2024, under the ticker symbol "HUHU." This marks a significant milestone for the company, providing enhanced brand visibility and access to global capital markets. The shares were priced at $4.00 per share in its initial public offering.
The company's successful listing on Nasdaq positions it to accelerate innovation and pursue global opportunities in the factory facility management and monitoring systems sector. This achievement underscores HUHUTECH's commitment to long-term value creation through global market expansion.
The listing follows the pricing of 1,050,000 ordinary shares at $4.00 each, generating gross proceeds of $4.2 million. The capital raised is intended to fund key strategic initiatives, including R&D expansion and facility development in China, as well as general corporate purposes.
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