Welcome to our dedicated page for Eastern International Ltd. news (Ticker: ELOG), a resource for investors and traders seeking the latest updates and insights on Eastern International Ltd. stock.
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Eastern International (NASDAQ:ELOG) has successfully completed its initial public offering (IPO), raising $6.4 million through the sale of 1.6 million ordinary shares at $4.00 per share. The company, which specializes in domestic and cross-border professional logistics services, began trading on the Nasdaq Capital Market on August 28, 2025.
Maxim Group LLC served as the sole book-running manager and has been granted a 45-day option to purchase up to 240,000 additional shares at the offering price, less underwriting discounts. The IPO was conducted under the company's Registration Statement on Form F-1, which received SEC approval on August 27, 2025.
Eastern International (NASDAQ:ELOG) has announced the pricing of its Initial Public Offering (IPO) at $4.00 per share. The company plans to offer 1,600,000 ordinary shares with expected gross proceeds of $6.4 million before deducting underwriting costs and expenses.
The China-based logistics services provider has granted Maxim Group LLC, the sole Book-Running manager, a 45-day option to purchase up to 240,000 additional shares. Trading is set to commence on the Nasdaq Capital Market on August 28, 2025, with the offering expected to close on August 29, 2025.
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