Group 1 - The core point of the article is that ZGM.US, a Chinese fintech product provider, raised $6 million by issuing 1.5 million shares at a price of $4 each, which is at the lower end of the $4 to $5 price range [1] - ZGM.US began trading on NASDAQ on September 9, experiencing a significant drop of 20% at one point, ultimately closing down 7.75% at $3.69 [1] - The company, based in Macau, initially focused on industrial park and commercial investment consulting services but has shifted towards fintech, which is expected to account for a substantial portion of its revenue in fiscal year 2024 [1] Group 2 - ZGM.US's fintech business includes selling platforms for analyzing customer credit risk and consumer behavior, as well as acting as an intermediary distributor for fintech products from its supplier Guo Yan [1] - Cathay Securities served as the exclusive underwriter for this IPO transaction [1]
道元集团(ZGM.US)IPO定价4美元/股 上市首日收跌近8%