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Pet accessories maker Dogness raises $55 million in best-efforts IPO priced at $5

December 20, 2017
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Dogness (International), a Chinese supplier of pet leashes, collars and other products, raised $55 million by offering 10.9 million shares at $5, within the range of $4 to $6. Dogness begins trading on the Nasdaq on Wednesday under the symbol DOGZ. Spartan Securities acted as a lead manager on the deal. The offering was completed on a min-max, best-efforts basis, and is therefore excluded from our IPO stats.