---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-028005"
form_type: "8-K"
ticker: "ISPR"
cik: "0001948455"
company_name: "Ispire Technology Inc."
filed_at: "2023-04-06T23:59:59+00:00"
generated_at: "2026-06-17T05:26:21.934222+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ispire Technology prices IPO of 2.7M shares at $7.00, raising $18.9M gross

## Summary
- IPO of 2,700,000 shares at $7.00 per share; gross proceeds ~$18.9M before expenses.
- Shares began trading on Nasdaq Capital Market on April 4, 2023 under ticker ISPR.
- Underwriters granted 45-day option to purchase up to 405,000 additional shares for over-allotments.
- Proceeds: ~35% for Vietnam/US manufacturing, ~25% for R&D, ~20% for marketing, ~20% for working capital.
- Two selling stockholders may offer up to 1,750,000 shares; company will not receive any proceeds.

## SEC filing metadata
- accession: 0001213900-23-028005
- form_type: 8-K
- ticker: ISPR
- cik: 0001948455
- company_name: Ispire Technology Inc.
- filed_at: 2023-04-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1948455/000121390023028005/0001213900-23-028005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1948455/000121390023028005/ea176643-8k_ispiretech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-028005
- JSON: https://secwatch.observer/filing/0001213900-23-028005.json
- Plain text: https://secwatch.observer/filing/0001213900-23-028005.txt

## Key facts
- Material Agreements
  Ispire Technology Inc. entered into Underwriting Agreement with US Tiger Securities, Inc. valued at 2,700,000 shares of common stock at $7.00 per share; gross proceeds approx. $18.9 million (effective 2023-04-03).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: US Tiger Securities, Inc.
  - Value: 2,700,000 shares of common stock at $7.00 per share; gross proceeds approx. $18.9 million
  - Effective: 2023-04-03
  source text: On April 3, 2023, Ispire Technology Inc. (the " Company ") entered into an underwriting agreement (the " Underwriting Agreement ") with US Tiger Securities, Inc., acting as representative of the underwriters (the " Representative "), a copy of which is attached as Exhibit 1.1 hereto and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1948455/000121390023028005/0001213900-23-028005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.