BrilliA Inc (BRIA) announced the successful completion of its initial public offering, selling 2,500,000 Class A Ordinary Shares at $4.00 per share, raising $10,000,000 in gross proceeds.
BrilliA raises $10M in IPO on NYSE
The shares began trading on the NYSE American under the ticker "BRIA" on November 27, 2024. The company has also granted underwriters a 45-day option to purchase an additional 375,000 shares.
Developing digital marketing platform
Net proceeds will be used for the development of its digital marketing platform, research and development, business expansion, and general corporate purposes. A.G.P./Alliance Global Partners was the sole book-running manager for the offering.
