Ispire Raises $8M Via Equity Offering Aiding Manufacturing Operations


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Ispire Technology Inc. (NASDAQ:ISPR) closed a private placement of 1.12 million shares at a purchase price of $7.1318 a piece.

The company raised approximately $8 million in gross proceeds from the private placement. 

Ispire Technology plans to invest the proceeds in manufacturing operations in Vietnam and California, with the execution of research and development activities.

The private placement was completed on June 26, 2023.

Also Read: Ispire Technology Revenue Grows 26.9% YoY Thanks To Tobacco And Cannabis Vaping Products

In April 2023, Ispire closed the initial public offering of 2.70 million shares of common stock at $7 per share. 

The stock began trading on NASDAQ on April 4, 2023.

Price Action: ISPR shares are trading higher by 9.13% to $8.49 in the premarket session on the last check Tuesday.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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