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IPO · FGI

FGI Industries Ltd.

FGI Industries Ltd. (FGI) priced its initial public offering on Jan 26, 2022 at $6.00 per share, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $57M. Faegre Drinker and Travers Thorp Alberga advised the company and McGuireWoods advised the underwriters.

FGI Industries Ltd. is a global supplier of kitchen and bath products with about 30 years of history. Its categories include sanitaryware, bath furniture, shower systems and kitchen cabinetry, sold mainly for repair and remodel activity and to a lesser extent new construction.

Status
IPO
Ticker
FGI
Exchange
Nasdaq Capital Market
Priced
Jan 26, 2022
IPO price
$6.00
Market cap at IPO price
$57M
First filed
Sep 10, 2021
Company counsel
Faegre Drinker and Travers Thorp Alberga
Underwriters' counsel
McGuireWoods
Sector
Industrials & materials
Country / state
NJ

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

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