Lytus Technologies Holdings PTV Ltd

Lytus Technologies Holdings Ptv Ltd. provides content streaming and telecasting services. It also covers telemedicine services with local assistance through local health centers. The company was founded by Shreyas Shah and Dharmesh Pandya in 2017 and is headquartered in Mumbai, Maharashtra.

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Lytus Technologies Holdings Ptv Ltd. provides content streaming and telecasting services. It also covers telemedicine services with local assistance through local health centers. The company was founded by Shreyas Shah and Dharmesh Pandya in 2017 and is headquartered in Dubai, United Arab Emirates.

Just a few weeks after its IPO, LYT stock has almost completely eroded in a single session. Here's what we know so far.

Lytus Technologies (LYT) Stock Plunges 90% in Freefall

Mumbai, India, June 17, 2022 (GLOBE NEWSWIRE) -- Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) (the “Company”), a platform technology services company with nearly 8 million users and with operations in the USA and India, today announced the closing of its initial public offering of 2,609,474 common shares at a public offering price of $4.75 per share, for gross proceeds of $12,395,000, before deducting underwriting discounts, commissions and offering expenses. In addition, the Company granted the underwriters a 45-day option to purchase up to an additional 391,421 common shares at the initial public offering price, less the underwriters' discount, which option was exercised in full following the closing of the Company's initial public offering, and is expected to close on June 22, 2022.

Lytus Announces the Closing of Initial Public Offering

News for Lytus Technologies Holdings PTV Ltd Stock (LYT)