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Article: Recon Technology Announces Pricing of Initial Public Offering on NASDAQ.
- Article from:
- Energy Weekly News
- Article date:
- August 14, 2009
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Recon Technology, Ltd. (Nasdaq: RCON), a leading Chinese non-state-owned oil and gas automation services provider, announced its initial public offering of 1,700,000 ordinary shares at $6.00 per share. These ordinary shares will begin trading today under the ticker symbol "RCON" on the Nasdaq Capital Market.
Of the 1,700,000 shares sold in the offering, all of the shares were sold by Recon Technology. Anderson & Strudwick, Inc. acted as the lead placement agent for the offering.
Recon's registration statement relating to these securities has been declared effective by the U.S. Securities and Exchange Commission.
This news release does not ...