Sagtec Global (SAGT) said late Thursday it priced an initial public offering of 1.75 million shares at $4 apiece for about $7 million in expected gross proceeds.
The company has granted the book-running manager a 30-day option to acquire up to 262,500 additional shares.
The shares are expected to begin trading on Nasdaq under the ticker symbol SAGT Friday, while the IPO is expected to close Monday, Sagtec said.
The company provides customizable software, mainly serving the food and beverage sector.
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