Up Fintech Holding, an online broker age focused on global Chinese investors, filed on Friday with the SEC to raise up to $150 million in an initial public offering.
The Beijing, China-based company was founded in 2014 and booked $34 million in sales for the 12 months ended December 31, 2018. It plans to list on the Nasdaq under the symbol TIGR. Up Fintech Holding filed confidentially on November 20, 2018. Citi and Deutsche Bank are the joint bookrunners on the deal. No pricing terms were disclosed.
The article Online brokerage Up Fintech Holding files for a $150 million IPO originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital.com.
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