iWow Technology's all-placement IPO three times subscribed

The Edge Singapore
The Edge Singapore4/13/2022 06:18 PM GMT+08  • 1 min read
iWow Technology's all-placement IPO three times subscribed
iWow providers IOT-related products and services / iWow
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iWow Technology’s all-placement IPO is three times subscribed, with demand for 78 million shares for the total of 26 million shares available.

The company, which provides IOT-related products and services, has raised some $6.5 million in gross proceeds, with the shares priced at 25 cents each.

“The positive feedback is an encouraging sign of investors’ firm belief in our current IoT offerings and future vision. Listing on Catalist is a pivotal phase in our long-term development strategy,” says executive director and CEO Raymond Bo Jiang Chek.

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