© Reuters. Snail (SNAL) IPO Opens 56% Lower
Today’s IPO for Snail, Inc. (SNAL) opened for trading at $2.20 after pricing 3,000,000 shares of its Class A common stock at a price to the public of $5.00 per share.
US Tiger Securities, Inc. and EF Hutton, division of Benchmark Investments, LLC are acting as joint book-running managers.
Snail is a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs and mobile devices.
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