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China’s Ostin Technology files to hold $13.6M US IPO

By Val Kennedy, China’s Ostin Technology (OST) has filed to raise approximately $13.6M through an initial public offering in the US. The company plans to offer 3.4M shares at $4 per share, which is expected to generate net proceeds of $11.2M, according to a filing. Ostin is incorporate in the Cayman Islands. It conducts most of its[…]