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Creative Global Technology Shares Rise in Nasdaq Debut
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Creative Global Technology Shares Rise in Nasdaq Debut
Nov 26, 2024 8:32 AM

11:13 AM EST, 11/26/2024 (MT Newswires) -- Creative Global Technology ( CGTL ) shares were up over 10% in recent Tuesday trading after the company debuted on the Nasdaq following an initial public offering of nearly 1.3 million shares at $4 per share.

The Hong Kong-based company, which sources and resells recycled consumer electronics, said late Monday it granted underwriters an option to acquire up to an additional 187,5000 shares at the IPO price to cover any over-allotments.

The offering is expected to close on Wednesday, the company said.

Price: 4.35, Change: +0.35, Percent Change: +8.75

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