Chinese online securities brokerage services firm UP Fintech Holding Ltd intends to raise $114 million in a stock market listing.
UP Fintech Holding will offer and issue 19 million shares between the price range of $5 to $7 per share on March 20.
New York-based investment bank and financial services firm Citigroup and Deutsche Bank Securities acted as the underwriters for the listing.
In the last twelve months, UP Fintech Holding Ltd., with a market capitalization of $798.2 million, logged about $33.6 million in revenue.