July 02, 2021
Pop Culture Group Co., Ltd (the “Company”), a hip-pop culture company in China, today announced the closing of its initial public offering (the “IPO”) of 6,200,000 Class A ordinary shares at a public offering price of US$6.00 per share. The Company received aggregate gross proceeds of US$37.2 million from this IPO, before deducting underwriting discounts and other related expenses.
The Company’s Class A ordinary shares began trading on the Nasdaq Global Market on June 30, 2021 under the ticker symbol “CPOP.”
Hunter Taubman Fischer & Li LLC (“HTFL”) acted as counsel to the Company. HTFL is a boutique law firm specializing in corporate, commercial and securities transactions, cross-border financing, immigration and taxation. Our team of lawyers works together so our clients can benefit from astute business experience and sophisticated legal solutions.