Time: 2023-04-09
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Ispire Technology Inc., an e-cigarette and CBD atomization company founded by Liu Tuanfang from Anfu, Jiangxi, was successfully listed on NASDAQ in the United States on April 4, with the stock code ISPR.
Ispire is mainly engaged in the research and development, design, commercialization, sales, marketing and distribution of branded electronic cigarettes and cannabis vaping products. The company sells the company's tobacco products worldwide (excluding China and Russia), and the company's tobacco products are sold under the Aspire brand, mainly through the company's distribution network.
The issue price of the prospectus was $7. The opening price on the first trading day was $8.53, the highest reached $9.38, and the lowest was $7.01. It almost fell below the issue price, and finally closed at $7.55, an increase of 7.86%, with a market value of $400 million.