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Tea Company Oriental Rise Holdings Files for IPO

Por: MarketWatch Business October 13, 2023

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The company will offer up to 4 million shares at an expected price of $4 a share. The company will sell 3 million shares, while up to 1 million shares may be sold by selling shareholders. Oriental Rise is seeking to list on the Nasdaq Capital Market under the symbol ORIS. In 2022, the company had $24.3 million in sales and reported a profit of $11.9 million. The company expects net proceeds of $10.4 million from the offering, which it plans to... + full article



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