Cre8 Enterprise shares rise 21.30% intraday after closing its initial public offering of 1,450,000 Class A ordinary shares.

Cre8 Enterprise Limited rose 21.29% in intraday trading, with the company announcing the closing of its initial public offering (IPO) of 1,450,000 Class A ordinary shares at $4.00 per share, raising approximately $5.8 million in gross proceeds. Additionally, the company was added to the NASDAQ Composite Index, which likely contributed to the stock's significant increase.