Infobird Co. (NASDAQ: IFBD), a software-as-a-service provider of innovative artificial intelligence (“AI”) powered, or enabled, customer engagement solutions in China, is sharing information about its previously announced initial public offering, which is expected to close on April 22, 2021. The company announced pricing for the offering, which is comprised of 6,250,000 ordinary shares; the shares will be available at $4 per share, before underwriting discounts and commissions. The announcement noted that the shares are being offered by Infobird on a firm commitment basis, and the company anticipates the public offering to total and estimated $25 million before payment of typical underwriting discounts, commissions and offering expenses. The offering shares are approved for listing on the Nasdaq Capital Market and began trading on April 20, 2021 under the ticker symbol IFBD. The company also announced that it has granted underwriters a 45-day option to purchase an additional 937,500 ordinary shares at the initial public offering price.
To view the full press release, visit https://ibn.fm/KK7n4
About Infobird Co. Ltd
Infobird, headquartered in Beijing, China, is a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China. For more information about the company, visit www.Infobird.com.
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.investorwire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]
InvestorWire is part of the InvestorBrandNetwork.