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IPO · HRYU

Global Interactive Technologies, Inc.

Formerly Hanryu Holdings, Inc.

Global Interactive Technologies, Inc. (HRYU) priced its initial public offering on Aug 2, 2023 at $10.00 per share, raising $8.8M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $528.1M. Aegis Capital was lead-left underwriter. Pryor Cashman advised the company and Kaufman & Canoles advised the underwriters.

At its 2023 IPO, Hanryu Holdings (now Global Interactive Technologies) was a holding company managing South Korean subsidiaries that run FANTOO, an all-in-one fan platform for entertainment and entertainers, where users earn in-platform reward points for their contributions and spend them on goods and services.

Status
IPO
Ticker
HRYU
Exchange
Nasdaq Capital Market
Priced
Aug 2, 2023
IPO price
$10.00
Raised
$8.8M
Market cap at IPO price
$528.1M
First filed
Jan 26, 2023
Underwriters
Aegis Capital
Company counsel
Pryor Cashman
Underwriters' counsel
Kaufman & Canoles
Sector
Technology
Country / state
Korea, Republic of

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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