business

Tech Startup Voltix Raises $150M in Oversubscribed IPO

Summary

Voltix, a fast-growing electric vehicle battery maker, launched its IPO on the Nasdaq on February 19, 2026, raising $150 million. The offering was oversubscribed by 3.5 times, refl

Voltix, a fast-growing electric vehicle battery maker, launched its IPO on the Nasdaq on February 19, 2026, raising $150 million. The offering was oversubscribed by 3.5 times, reflecting strong investor demand amid rising EV adoption. Voltix shares opened at $28, up 12% from the $25 issue price. The company plans to use the funds to expand production capacity and invest in next-gen battery technology. Market analysts see Voltix’s debut as a positive sign for the green tech sector, which has outperformed broader markets this year, Bloomberg reported.
1d agoVerified by Vishvendra
Tech Startup Voltix Raises $150M in Oversubscribed IPO

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