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J-Star Holding (NASDAQ:YMAT), a leading provider of carbon fiber and composite solutions, has announced the pricing of its Initial Public Offering (IPO). The company is offering 1,250,000 ordinary shares at $4.00 per share, aiming to raise approximately $5.0 million in gross proceeds before deducting underwriting costs and expenses.
The shares are set to begin trading on the Nasdaq Capital Market on July 30, 2025, under the ticker symbol "YMAT". The company has granted Maxim Group LLC, the sole Book-Running manager, a 45-day option to purchase up to an additional 187,500 shares at the IPO price. The offering is expected to close on July 31, 2025, subject to customary conditions.
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