Asia
Tozed Kangwei Tech Files Prospectus for Shenzhen IPO
Tozed Kangwei Tech (SHE:301718) on Wednesday filed a prospectus for an initial public offering of 36.5 million shares, representing 25.01% of post-issuance total share capital, on Shenzhen's ChiNext Board.Proceeds will fund research and development operations, global marketing network construction, and working capital, according to the prospectus.The IPO is scheduled for Oct. 9.CITIC Securities serves as lead underwriter.Tozed Kangwei Tech supplies customer premises equipment devices used in 5G fixed wireless access networks.
SHE:301718
