ITG Company Sells Shares on Nasdaq
ITG 公司在納斯達克出售股票
Introduction
The company ITG wants to sell shares of its business in the US.
ITG 公司希望在美國出售其業務股份。
Main Body
ITG wants to raise about 429 million dollars. They will sell 19.5 million shares. Each share costs between 19 and 22 dollars.
ITG 想要籌集約 4.29 億美元。他們將出售 1,950 萬股，每股價格介於 19 至 22 美元之間。
ITG builds and fixes internet networks in 49 US states. Many people need fast internet for AI. In 2021, a company called Oaktree bought ITG and bought 12 other small companies.
ITG 在美國 49 個州建設並維修網路。許多人為了使用 AI 而需要高速網路。在 2021 年，一家名為 Oaktree 的公司收購了 ITG 以及其他 12 家小公司。
ITG has a lot of work to do. However, two big customers give them 60 percent of their money. Big banks like Morgan Stanley and Citigroup help ITG with this plan.
ITG 還有許多工作要做。然而，兩家大客戶貢獻了他們 60% 的收入。摩根士丹利和花旗銀行等大型銀行正協助 ITG 執行此計劃。
Conclusion
ITG is now on the Nasdaq market. People want their services because of AI.
ITG 現在已在納斯達克市場上市。由於 AI 的原因，人們需要他們的服務。
Vocabulary Learning
💡 The 'Money' Connection
In business English, we use specific words to talk about money moving. Look at these patterns from the text:
1. Getting Money
- Raise money To collect a large amount of money for a project.
- Sell shares To give a piece of a company to people for money.
2. Spending/Buying
- Costs The price you pay (e.g., "Each share costs $19").
- Bought The past of 'buy'. (e.g., "Oaktree bought ITG").
🛠️ Quick Grammar: How to describe 'Amount'
When we have a lot of something, we use 'a lot of'.
- Text: "ITG has a lot of work to do."
- Rule: Use this for both things you can count (books) and things you cannot count (work/time).
Comparison:
- Small amount Some / A few
- Big amount A lot of / Many