QYOU Media Subsidiary Chatterbox Technologies Completes Successful India IPO
Oversubscribed Issue Drives 17% Two Day Gain From Top End of Initial Pricing
Over 2.1M Shares Traded Representing Buying of Over
Investors should note that as per Indian SME exchange regulations, stock movement is capped at ±5% during the first 10 trading days and ±10% during the subsequent 10 trading days. Thereafter, trading limits expand to ±20%. All trading levels are established based upon the opening pricing set at the market open each day.
Founded in 2016, Chatterbox Technologies has played a pioneering role in
On opening day on Friday, the company was honored at a one hour closing bell ceremony at the BSE acknowledging the extraordinary accomplishment of being the first influencer and social media company in the country to be publicly listed. A promotional video about Chatterbox (Chtrbox) shown during the ceremony can be seen here. A link to the entire one hour ceremony is provided here.
QYOU Media Co-Founder and CEO and Chairman of Chatterbox Technologies,
About
Among the fastest growing creator driven media companies,
Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects" and similar expressions which are intended to identify forward- looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning the timeline for completion of the IPO and listing of Chatterbox Technologies on the BSE Limited and final allocations for the IPO.
Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Additional risks and uncertainties regarding the Company are described in its publicly available disclosure documents, filed by the Company on SEDAR+ (www.sedarplus.ca) except as updated herein. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. Neither the
Neither the
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