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U.S. stock market changes | LIBANG Kitchenware (LBGJ.US) rises nearly 7% as the stock price has fallen nearly 30% since its listing.
On Tuesday, LIBANG Kitchenware (LBGJ.US) rose nearly 7%, closing at $3.40.
Libang Kitchenware (LBGJ.US) broke down perspective: price reduction to seek market growth risks emerging, stable gross margin becoming a bright spot in business.
Can the strong momentum in the commercial kitchen equipment market restore investor confidence?
Libon kitchenware (LBGJ.US) reduces the proposed trade size for IPO and now plans to issue 1.6 million shares.
According to the Zhītōng Cáijīng APP, LEEBON Kitchenware Co., Ltd., a Chinese commercial kitchen equipment manufacturer headquartered in Jiangyin, Wuxi, Jiangsu province, lowered the proposed trading scale of its upcoming IPO on Tuesday. The company now plans to raise $9 million by issuing 1.6 million shares at a price between $5 and $6. The company initially planned to issue 5 million shares at a price range of $4 to $6. At the revised midpoint of the price range, LEEBON Kitchenware will raise 65% less funds than previously expected. Founded in 2007, LEEBON Kitchenware had revenues of 100
LBGJ.US (LBGJ.US) was listed on the NASDAQ and was registered by the China Securities Regulatory Commission
On April 22, the China Securities Regulatory Commission issued a filing notice on the overseas issuance and listing of Li Bang International Corporation Inc. (Li Bang International Co., Ltd.).
