Ispire, an E-Cigarette and CBD Vaping Company, Successfully Lists on Nasdaq: Market Value $400 Milli

Today, on April 5, it was reported that Ispire Technology Inc., a vaping and CBD company founded by Liu Tuanfang from Jiangxi Anfu, successfully listed on the Nasdaq in the United States on April 4, with the stock code ISPR.

Ispire primarily engages in the research, design, commercialization, sales, marketing, and distribution of branded vaping devices and cannabis vaporization products. The company sells its tobacco products globally (excluding China and Russia) under the aspire brand, mainly through its distribution network.

The initial public offering price was $7, with the opening price on the first trading day at $8.53, peaking at $9.38, dropping to a low of $7.01, nearly falling below the issue price, and finally closing at $7.55, a rise of 7.86%, with a market value of $400 million.