Welcome to our dedicated page for Luda Technology Group news (Ticker: LUD), a resource for investors and traders seeking the latest updates and insights on Luda Technology Group stock.
Luda Technology Group Ltd (LUD) delivers essential steel components for global industrial applications through advanced manufacturing and strategic trading operations. This news hub provides investors and industry professionals with verified updates about the company's market position, operational developments, and product innovations.
Access comprehensive coverage of LUD's official announcements including earnings reports, production milestones, and strategic partnerships. Our curated collection ensures you stay informed about critical developments in steel flange manufacturing, supply chain expansions, and quality control advancements that shape the industrial components sector.
Key updates include new product launches in stainless steel fittings, operational efficiency initiatives, and market expansion strategies. All content is sourced directly from company communications to maintain accuracy and compliance with financial disclosure standards.
Bookmark this page for real-time access to LUD's evolving business landscape. Check regularly for updates on manufacturing innovations and trading network developments that impact the global industrial supply chain.
Luda Technology Group Limited (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced the filing of its annual report Form 20-F for fiscal year 2024 with the SEC on April 30, 2025. The company has made its audited financial statements available through its investor relations website at ir.ludahk.com, where shareholders can request free hard copies of the complete financial statements.
Luda Technology Group (NYSE: LUD), a manufacturer of stainless steel and carbon steel flanges and fittings products, has announced the completion of its IPO over-allotment option. The company sold an additional 190,000 ordinary shares at $4.00 per share, generating extra proceeds beyond the initial IPO.
The total gross proceeds from the offering reached $10.76 million, which includes the previously announced IPO proceeds of $10 million, before deducting underwriting costs and offering expenses. Revere Securities served as the primary underwriter, with Pacific Century Securities as co-manager.
The offering was conducted under the company's Form F-1 registration statement, which was declared effective by the SEC on February 26, 2025.
Luda Technology (NYSE: LUD), a manufacturer of stainless steel and carbon steel flanges and fittings products, has announced an $8 million investment in participating shares of the Stable Income Fund SP, a segregated portfolio of Global A Plus Investment SPC
The investment represents a strategic move by Luda Technology to manage its idle funds through a short-term investment vehicle. The Fund, established in March 2020, offers early redemption provisions and liquidity features that align with the company's short-term investment strategy.
Luda Technology Group (LUD), a veteran manufacturer and trader of stainless steel and carbon steel flanges and fittings with over 20 years of operation, has successfully completed its Initial Public Offering (IPO). The company issued 2,500,000 Ordinary Shares at $4.00 per share, raising total gross proceeds of $10.0 million before deducting underwriting discounts and offering expenses.
Trading of LUD shares commenced on the NYSE American on February 27, 2025. Revere Securities served as the primary underwriter, while Pacific Century Securities, acted as co-manager for the offering.
Luda Technology Group (LUD), a manufacturer of stainless and carbon steel flanges with 20+ years of operation, has announced the pricing of its Initial Public Offering (IPO). The company is offering 2,500,000 ordinary shares at $4.00 per share, expecting to raise $10 million.
Trading will commence on the NYSE American under symbol 'LUD' on February 27, 2025. The offering includes a 45-day over-allotment option for an additional 375,000 shares, potentially increasing gross proceeds to $11.5 million before deductions.
Revere Securities serves as primary underwriter, with Pacific Century Securities as co-manager. The offering is expected to close around February 28, 2025, subject to customary conditions.
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