CCH Holdings (CCHH) said Monday it has closed its initial public offering of 1.25 million shares at $4 each, raising $5 million.
The Malaysia-based restaurant chain granted its underwriters a 45-day option to buy up to an additional 187,500 shares.
Shares started trading on Nasdaq Friday and were down about 15% in recent Monday trading.
Price: 3.74, Change: -0.70, Percent Change: -15.77
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