Dogness (DOGZ) IPO Opens 16% Higher

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Dogness Announces Closing of Initial Public Offering

December 19, 2017 8:30 AM UTC

DONGGUAN, China, Dec. 19, 2017 (GLOBE NEWSWIRE) -- Dogness (International) Corporation (Dogness or the Company), a leading developer and manufacturer of pet products, including leashes, accessories, and collars and harnesses that incorporate smart technology in China, today announced the closing of its initial public offering of up to 11,000,000 Class A Common Shares (Shares) at a public offering price of $5.00 per share for a total offering of up to $55 million. A total of 10,913,631 Class A Common Shares were sold in the offering for total gross proceeds of $54,568,155.

Spartan Securities Group, Ltd. was the sole underwriter of the offering.

Closing of the... More