Jianzhi Education IPO Opens 2400% Higher; Halts on Volatility

2022.08.26 17:57

Today’s IPO for Jianzhi Education (JZ) opened for trading at $126 after pricing at $5 and was immediately halted on volatility.

The company announced the pricing of its initial public offering of 5,000,000 American Depositary Shares.

Univest Securities, LLC is acting as the sole bookrunner of this offering.

Jianzhi Education is a leading provider of digital educational content in China.

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Jianzhi Education IPO Opens 2400% Higher; Halts on Volatility