ZK International Group (NASDAQ: ZKIN), on September 1, began trading on the Nasdaq Capital Market under the symbol ‘ZKIN’. The manufacturer and engineer of high-performance stainless steel products for sophisticated water and gas pipeline systems completed its first day on the Nasdaq Market with its ordinary shares up 69% to $8.45 per share. Boustead Securities, LLC acted as the Sole Underwriter and completed the initial public offering (IPO) of 1,068,346 of ZKIN’s ordinary shares at a price of $5.00 per share on August 30, 2017. The company received a total of $5,341,730 in gross proceeds from the IPO, before underwriting discounts, commissions and offering expenses.
To view the full press release, visit: http://nnw.fm/oDk6h
About ZK International Group Co., Ltd.
ZK International is a manufacturer and engineer of high-performance stainless steel products for projects that require sophisticated water or gas pipeline systems. Leveraging its expertise, ZK International caters its products to infrastructure projects by urban planners, real estate developers, local governments and municipalities to bring communities reliable and durable gas and water transmission systems. The company’s products including double-press thin-walled stainless steel tubes and fittings, carbon steel tubes and fittings and single-press tubes and fittings, are sold predominately in China, but are also exported and distributed in Europe and Southeast Asia. For more information please visit www.ZKInternationalGroup.com.
More from NetworkNewsBreaks
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information please visit https://www.NetworkNewsWire.com