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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Eastern International Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Eastern International Ltd.'s position in the market.
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.
