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Rectitude (RECT) Closes $8 Million IPO; Shares Fall After-Hours
Rectitude Holdings (RECT) said Monday it has closed its initial public offering of 2 million ordinary shares at $4 per share, raising gross proceeds of $8 million. The company will use the proceeds fo
Rectitude Holdings | 6-K: Report of foreign private issuer (related to financial reporting)
Express News | Rectitude Holdings Ltd Announces Closing of $8 Million Initial Public Offering
Rectitude Shares Fall on Nasdaq Debut
Rectitude Holdings (RECT) shares were down nearly 18% in recent Friday trading after debuting on Nasdaq at $4 per share. Rectitude said Friday it priced its initial public offering at $4 per ordinary
US stocks fluctuate | On the first day of listing, Rectitude Holdings (RECT.US) opened a 20% drop with an IPO price of $4.
The stock opened with a 20% drop, reporting $3.2.
Trading Halt: Halt Status Updated at 10:35:00 AM ET: Quotation Resumption: IPO Security - Released for Quotation
Trading Halt: Halt Status Updated at 10:35:00 AM ET: Quotation Resumption: IPO Security - Released for Quotation
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