Evergreen Corporation priced its initial public offering of 10 million units at $10 each. Units list on the Nasdaq and begin trading today under the ticker symbol EVGRU. Each consists of one share and a warrant. Once the securities begin separate trading, shares and warrants are expected to be listed under the symbols EVGR and EVGRW.
Evergreen intends to focus its search on technology companies involved in Artificial Intelligence (AI), FinTech and Financial Services, the Metaverse, the Internet of Things (IoT), eCommerce, social commerce, Industry 4.0, as well as areas surrounding the new digital economy, in the ASEAN region.
EF Hutton is sole book running manager for the offering. Read more.
