BrilliA (BRIA) Closes $10M IPO

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Go back to BrilliA (BRIA) Closes $10M IPO

BrilliA Inc Announces Closing of Initial Public Offering

November 29, 2024 11:26 AM EST

SINGAPORE, Nov. 29, 2024 (GLOBE NEWSWIRE) -- BrilliA Inc (BRIA or the Company) today announced the closing of its previously announced initial public offering of an aggregate of 2,500,000 Class A Ordinary Shares (the Offering) at an offering price of $4.00 per share to the public, for a total of $10,000,000 in gross proceeds to the Company, before deducting underwriting discounts and estimated offering expenses. The shares began trading on the NYSE American stock exchange on November 27, 2024, under the ticker symbol "BRIA."

In addition, the Company has granted the underwriters an option,... More