AZT 0.00% 0.0¢ azure health technology limited

Ann: Update on NASDAQ Listing , page-4

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  1. 42 Posts.
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    actually rednoff, the pricing is the indicative range for the $10 million placement that will go to US investors (mostly institutional). The actual "listing price" will be determined when the shares go live trading on the listing day - which is usually 4 days after the roadshow closes (and that maybe 7 working days, not calendar days, meaning the listing date would be around 24th-ish).

    So we won't know what the listing price is until the day it starts trading. As its like an IPO, the insto's get a placement price locked in first and then the market decides where it goes from there. Depending on the old "supply and demand" law of capitalism - the stock could list at totally different number.
 
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