Market News / Story
Simwon America, Manufacturer of High-Strength Automotive Body-In-White and Chassis Components for EVs, Files for Nasdaq Global Market IPO
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Simwon America filed for an initial public offering on the Nasdaq Global Market under the symbol “SWA.” The California-based manufacturer plans to offer 2,500,000 shares at an expected price range of $18–$22, with WallachBeth Capital as underwriter. The company will sell 1,500,000 shares while selling stockholders will offer 1,000,000 shares. Business Description Simwon America is a Tier 1 automotive supplier that designs and manufactures high‑strength body‑in‑white and…
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