NetworkNewsBreaks – ACM Research, Inc. (NASDAQ: ACMR) Successfully Closes IPO, Private Placement Totaling $18.7M
On November 7, ACM Research (NASDAQ: ACMR) announced the successful closing of its initial public offering (IPO). The company sold 2,000,000 shares of its Class A common stock at a price of $5.60 per share. Shares of the company’s stock began trading on the Nasdaq Global Market stock exchange on November 3 under the symbol “ACMR.” Roth Capital Partners acted as sole book-running manager for the IPO. The company has granted the underwriters a 30-day option to purchase up to 300,000 additional shares of Class A common stock at the IPO price, less underwriting discounts and commissions. Additionally, the company…







