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Ruanyun Edai Technology Inc. (RYET) to Raise $17 Million in IPO

Summary by modernreaders.com
Ruanyun Edai Technology Inc. (RYET) is planning to raise $17 million in an IPO on Tuesday, April 8th, IPO Scoop reports. The company will be issuing 3,800,000 shares at $4.00-$5.00 per share. In the last 12 months, Ruanyun Edai Technology Inc. generated $9.2 million in revenue and had a net loss of $2.1 million. Ruanyun Edai Technology Inc. has a market-cap of $151.9 million. AC Sunshine Securities acted as the underwriter for the IPO. Ruanyun E…
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Ruanyun Edai Technology Inc. (RYET) to Raise $17 Million in IPO

Ruanyun Edai Technology Inc. (RYET) is planning to raise $17 million in an IPO on Tuesday, April 8th, IPO Scoop reports. The company will be issuing 3,800,000 shares at $4.00-$5.00 per share. In the last 12 months, Ruanyun Edai Technology Inc. generated $9.2 million in revenue and had a net loss of $2.1 million. Ruanyun Edai Technology Inc. has a market-cap of $151.9 million. AC Sunshine Securities acted as the underwriter for the IPO. Ruanyun E…

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modernreaders.com broke the news in on Monday, March 31, 2025.
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