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California biopharmaceutical company ABVC Biopharma, a company focused on drug and medical device development, is expected to conduct a public offering of units comprised of one share of common stock and one series A warrant each. The company, which is currently listed on the Over-the-Counter Markets under the ticker symbol "ABVC," has applied for listing on the Nasdaq. The offering of units is contingent upon Nasdaq approving this listing. If approved, ABVC's stock will trade under the ticker symbol "ABVC."
ABVC Biopharma filed a draft registration with the US Securities and Exchange Commission under the ticker symbol ABVC. Not yet an official IPO, it's one of the first steps of taking a private company public.
There's no news yet about how much the stock will cost when it goes public. No date has been set for when the stock will be publicly available. The shares will be available on the Nasdaq Capital Market.
Once ABVC Biopharma goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like ABVC Biopharma can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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