IPO of the Tiger: UP Fintech prices US offering above the range at $8

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UP Fintech Holding, an online broker age focused on global investors in China, raised $104 million by offering 13 million ADSs at $8, above the range of $5 to $7. 

UP Fintech Holding, also known as Tiger Brokers, plans to list on the Nasdaq under the symbol TIGR. Citi and Deutsche Bank acted as lead managers on the deal.

The article IPO of the Tiger: UP Fintech prices US offering above the range at $8 originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

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