Markets

Chicago Atlantic Real Estate Finance Shares Trading Above $16 Each in Nasdaq Debut

11:42AM ET 12/08/2021 MT Newswires
Chicago Atlantic Real Estate Finance (REFI) shares were trading at $16.31 midday Wednesday on its Nasdaq Global Market debut.

The company priced its initial public offering of about 6.3 million common shares at $16 per share, expecting gross proceeds of about $100 million.

The offering is expected to close around Friday.

Price: 16.38, Change: +0.38, Percent Change: +2.34