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Julong Holding Limited (Nasdaq: JLHL), a provider of intelligent integrated solutions, announced the full exercise of the over-allotment option from its recent IPO. The underwriter, US Tiger Securities, purchased an additional 187,500 Class A ordinary shares, generating extra gross proceeds of $750,000 before deducting underwriting fees.
The additional share issuance was completed on July 2, 2025. US Tiger Securities served as the sole book-runner for the offering, and the registration statement has been declared effective by the SEC.
Julong Holding (NASDAQ:JLHL), a provider of intelligent integrated solutions, has successfully completed its Initial Public Offering (IPO). The company raised $5.0 million by offering 1,250,000 Class A ordinary shares at $4.00 per share.
Trading commenced on the Nasdaq Capital Market on June 26, 2025. The underwriter, US Tiger Securities, has a 45-day option to purchase up to 187,500 additional shares. Proceeds will fund strategic acquisitions, market expansion, R&D investments, and general corporate purposes.
Julong Holding Limited (NASDAQ: JLHL), a provider of intelligent integrated solutions, has announced the pricing of its Initial Public Offering (IPO). The company is offering 1,250,000 Class A ordinary shares at $4.00 per share, aiming to raise approximately $5.0 million.
Trading is set to commence on June 26, 2025 on the Nasdaq Capital Market. The underwriter, US Tiger Securities, has been granted a 45-day option to purchase up to 187,500 additional shares. The offering is expected to close on June 27, 2025, subject to customary conditions.
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