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CBL International Ltd completed its initial public offering on NASDAQ on March 23, 2023, pricing at $4.00 a share.
| Ticker | BANL |
|---|---|
| Exchange | NASDAQ |
| Status | Completed |
| Listing date | March 23, 2023 |
| Offering price | $4.00 |
| Shares offered | 3,325,000 |
| Total raised | $13M |
CBL International Ltd sold 3,325,000 shares at $4.00 each on NASDAQ. Multiplied out, that is $13.3 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $13 million total recorded for the deal.
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Source: SEC EDGAR filings for CBL International Ltd. This page is general information, not investment advice.