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Ostin Technology Group Priced, Nasdaq: OST

Chinese supplier of display modules and polarizers.

Industry: Technology

Latest Trade: $0.26 -0.01 (-3.3%)

First Day Return: +891.5%

Return from IPO: -93.2%

Industry: Technology

We are a supplier of display modules and polarizers in China. We design, develop and manufacture TFT-LCD modules in a wide range of sizes and customized size according to the specifications of our customers. Our display modules are mainly used in consumer electronics, outdoor LCD displays and automotive displays. We also manufacture polarizers used in the TFT-LCD display modules and are in the process of developing polarizers for the OLED display panel. We currently operate three manufacturing facilities in China with an aggregate of 45,000 square meters - two are located in Jiangsu Province for the manufacture of display modules and one in Chengdu, Sichuan Province for the manufacture of TFT-LCD polarizers. We seek to build our market position based on our close collaborative customer relationships and a focus on development of high-end display products and new display materials. Our customers include many of the leading manufacturers of computers, automotive electronics and LCD displays in China and worldwide. We have also successfully introduced our polarizers to many companies in China and have witnessed a significant growth in revenue since we commenced the production and sales of polarizers in 2019.
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IPO Data
IPO File Date 03/05/2021
Offer Price $4.00
Price Range $4.00 - $4.00
Offer Shares (mm) 3.4
Deal Size ($mm) $14
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/26/2022
Offer Price $4.00
Price Range $4.00 - $4.00
Offer Shares (mm) 3.4
Deal Size ($mm) $14
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Prime Number Capital
Shengang Securities
Company Data
Headquarters Nanjing, China
Founded 2010
Employees at IPO 272
Website www.austinelec.com

Ostin Technology Group (OST) Performance