Rank One Computing Corporation (NASDAQ: ROC) closed its initial public offering of 4,000,000 shares of common stock at $6.00 per share, for gross proceeds of $24,000,000, reopening the Nasdaq microcap IPO market after a 78-day pricing pause. The offering included a 30-day over-allotment option for up to 600,000 additional shares. ROC’s common stock began trading on the Nasdaq Capital Market under the ticker “ROC”.
The Benchmark Company, LLC served as sole book-running manager, with Lucosky Brookman LLP acting as company counsel.
