Amaero ticks up in Nasdaq debut after $20 million US IPO
AMRO•Amaero shares rose 1.7% to $4.32 in their Nasdaq debut after the company raised $20 million in an IPO. The stock opened at $4.10, below its $4.25 IPO price, valuing the company at $117 million.
1. Nasdaq debut
Amaero sold 4.7 million shares in its $20 million IPO. Its shares opened at $4.10 apiece, compared with the $4.25 IPO price, and later rose 1.7% to $4.32, valuing the company at $117 million.
