Infobird Co. Ltd. (NASDAQ: IFBD) Eyes Significant Expansion After Closing $25 Million IPO
On April 20, Infobird Co. Ltd debuted on the Nasdaq Capital Markets under the trade symbol ‘IFBD’, with WestPark Capital, the offering’s book-running manager, later announcing the closing of the IPO 6,250,000 ordinary shares were sold for a total of $25 million prior to fees and expenses Per the offering’s prospectus, the company is eying significant expansion, with the proceeds of the offering likely to be channeled into the expansion plans As Nasdaq opened on Tuesday, April 20, a new era beckoned for Infobird (NASDAQ: IFBD) since it was the day Infobird officially listed on the Nasdaq Capital Markets. In…