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Chinese micro-cap Oriental Culture Holding prices US IPO at $4

December 15, 2020
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Oriental Culture Holding, which operates an online marketplace for artists and collectors in China, raised $20 million by offering 5.1 million shares at $4, as expected. At pricing, the company commands a market value of $81 million.

Oriental Culture Holding plans to list on the Nasdaq under the symbol OCG. ViewTrade and Prime Number Capital acted as lead managers on the deal.