FatPipe (FATN) said late Wednesday it has completed its initial public offering of 695,656 shares priced at $5.75 per share.
The wide-area network services provider said it raised gross proceeds of $4 million from the offering.
Underwriters have been granted a 45-day option to purchase up to an additional 104,348 shares.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.