VCI Global Ltd

VCI Global Ltd (VCIG) priced its initial public offering on Apr 14, 2023 at $4.00 per share, within its $4.00–$6.00 range, raising $5.1M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $147.2M. Boustead was lead-left underwriter, joined by Sutter. Carmel, Milazzo & Feil and Carey Olsen advised the company and Sichenzia Ross Ference Carmel advised the underwriters.

VCI Global Ltd is a multi-disciplinary consulting group with advisory practices in business and technology. Its consultants have expertise in corporate finance, capital markets, legal matters and investor relations, helping clients identify business opportunities and address challenges.

Status

IPO

Ticker

VCIG

Exchange

Nasdaq Capital Market

Priced

Apr 14, 2023

IPO price

$4.00

Price range

$4.00–$6.00

Raised

$5.1M

Market cap at IPO price

$147.2M

First filed

Nov 1, 2022

Underwriters

Boustead and Sutter

Company counsel

Carmel, Milazzo & Feil and Carey Olsen

Underwriters' counsel

Sichenzia Ross Ference Carmel

Sector

Business services

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