The Zhitong Finance App learned that on Wednesday, Japan-based paper and scrap metal recycling service provider Seahawk Recycling Holdings (SEAH.US) increased the proposed deal size of its upcoming initial public offering (IPO). The company currently plans to raise $19 million by issuing 3.8 million shares, with an issue price range of $4 to $6 per share. Previously, the company had applied to issue 2 million shares in the same price range. According to the revised deal size, Seahawk Recycling will raise 88% more capital than previously anticipated, and its market value will reach $136 million.

The Zhitong Finance App learned that on Wednesday, Japan-based paper and scrap metal recycling service provider Seahawk Recycling Holdings (SEAH.US) increased the proposed deal size of its upcoming initial public offering (IPO). The company currently plans to raise $19 million by issuing 3.8 million shares, with an issue price range of $4 to $6 per share. Previously, the company had applied to issue 2 million shares in the same price range. According to the revised deal size, Seahawk Recycling will raise 88% more capital than previously anticipated, and its market value will reach $136 million.