IT Tech Packages公开发行690万股股票;股价暴跌

• IT Tech Packaging (NYSE:ITP) announced the pricing of a public offering of 6.9M shares of its common stock at $0.20/share.
• The gross proceeds from the offering to IT Tech Packaging are expected to be ~$1.4M.
• The offering is expected to close on May 14, 2025.
• IT Tech Packaging intends to use the net proceeds of this offering for working capital and other general corporate purposes.
• ITP shares fall 43.5% premarket on Tuesday.
• Source: Press release

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