CyberScope Web3 Security nearly quadruples shares offered ahead of $19 million US IPO
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CyberScope Web3 Security has increased its IPO offering from 1 million to 3.8 million shares, aiming to raise $19 million at a price range of $4 to $6 per share. This adjustment will result in a 275% increase in anticipated proceeds and a market cap of $119 million. The company specializes in Web3 cybersecurity and compliance, having conducted over 2,700 smart contract audits and secured over $2 billion in digital assets. Founded in 2023, it plans to list on Nasdaq under the symbol CYSC, with Maxim Group LLC as the sole bookrunner.
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