American Trust Investment Services Executes K-TECH Solutions' Successful IPO on Nasdaq.

American Trust Investment Services (ATIS) successfully led the initial public offering (IPO) of K-TECH Solutions Co., Ltd. on the Nasdaq Capital Market. The offering consisted of 1.6 million shares at $4.00 per share, generating $6.4 million in gross proceeds. ATIS also has an option to purchase an additional 240,000 shares to cover over-allotments. K-TECH Solutions specializes in educational toys and learning kits.

American Trust Investment Services (ATIS) has successfully led the initial public offering (IPO) of K-TECH Solutions Co., Ltd. on the Nasdaq Capital Market. The offering consisted of 1.6 million shares priced at $4.00 per share, generating $6.4 million in gross proceeds [1]. ATIS also has an option to purchase an additional 240,000 shares to cover over-allotments [2].

K-TECH Solutions, headquartered in Hong Kong, specializes in the design, development, and sale of educational toys and learning kits. The company's products include a wide range of educational tools, from plastic building sets to electromechanical learning kits, serving customers across North America, Europe, and other markets [1].

The net proceeds from the offering will be used to fund product development, expansion of production capacity, and general corporate purposes [1]. The company has also granted the underwriter a 45-day option to purchase up to an additional 240,000 shares to cover over-allotments, if any [1].

"This IPO reflects the continued strength of our capital markets platform and our commitment to delivering best-in-class execution for innovative, growth-oriented companies," said James Dever, Chief Executive Officer of ATIS. "We are proud to have partnered with K-TECH Solutions as they take this next step through a Nasdaq listing" [1].

References:
[1] https://www.prnewswire.com/news-releases/american-trust-investment-services-serves-as-sole-underwriter-for-k-tech-solutions-co-ltd-ipo-302506385.html
[2] https://www.stocktitan.net/news/KMRK/k-tech-solutions-company-limited-announces-pricing-of-us-6-4-million-sws9t77f7bm7.html