Tri-Tech Holding Announces Pricing of Initial Public Offering on NASDAQ
BEIJING, Sept. 9 /PRNewswire-Asia-FirstCall/ -- Tri-Tech Holding Inc. (NASDAQ:TRIT), a premier Chinese company that engineers, manages and monitors China's municipal sewer systems, natural waterways and resources, announced today its initial public offering (IPO) of 1,700,000 ordinary shares at $6.75 per share. Shares will begin trading tomorrow under the ticker symbol "TRIT" on the Nasdaq Capital Market. Tri-Tech Holding expects to receive net proceeds of approximately $10.18 million from the IPO and intends to use the net proceeds for working capital, product R&D, application expansion and sales and marketing.
