CCSC Technology International Holdings Ltd

CCSC Technology International Holdings Ltd (CCTG) priced its initial public offering on Jan 19, 2024 at $4.00 per share, within its $4.00–$6.00 range, raising $5.5M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $45.5M. Revere was lead-left underwriter. Hunter Taubman Fischer & Li, Maples and Calder and Jincheng Tongda & Neal advised the company and Becker & Poliakoff advised the underwriters.

CCSC Technology International Holdings Ltd is a Cayman Islands holding company whose subsidiaries in Hong Kong, mainland China and the Netherlands sell, design and make customized interconnect products, including connectors, cables and wire harnesses, for customers in more than 25 countries.

Status

IPO

Ticker

CCTG

Exchange

Nasdaq Capital Market

Priced

Jan 19, 2024

IPO price

$4.00

Price range

$4.00–$6.00

Raised

$5.5M

Market cap at IPO price

$45.5M

First filed

Mar 22, 2023

Underwriters

Revere

Company counsel

Hunter Taubman Fischer & Li, Maples and Calder and Jincheng Tongda & Neal

Underwriters' counsel

Becker & Poliakoff

Sector

Industrials & materials

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.