Business
Julong Holding Limited Announces Pricing of Initial Public Offering
BEIJING, June 26, 2025 (GLOBE NEWSWIRE) -- Julong Holding Limited (“Julong” or the “Company”) (Nasdaq: JLHL), a growth-oriented provider of intelligent integrated solutions, today announced the pricing of its initial public offering (the “Offering”) of 1,250,000 Class A ordinary shares, par value US$0.0001 per share, at an initial public offering price of US$4.00 per share for a total offering size of approximately US$5.0 million, assuming the underwriter does not exercise its option to purchase
About this update from Julong Holding Limited
[{"type":"text","content":"BEIJING, June 26, 2025 (GLOBE NEWSWIRE) -- Julong Holding Limited (“Julong” or the “Company”) (Nasdaq: JLHL), a growth-oriented provider of intelligent integrated solutions, today announced the pricing of its initial public offering (the “Offering”) of 1,250,000 Class A ordinary shares, par value US$0.0001 per share, at an initial public offering price of US$4.00 per share for a total offering size of approximately US$5.0 million, assuming the underwriter does not exercise its option to purchase additional Class A ordinary shares. The Company’s Class A ordinary shares have been approved for listing on the Nasdaq Capital Market under the ticker symbol “JLHL” and are expected to begin trading on June 26, 2025 Eastern Time. The Offering is expected to close on June 27, 2025 Eastern Time, subject to customary closing conditions.","length":836,"tagName":"p"},{"type":"text","content":"In addition, the Company has granted to the underwriter an option, exercisable within 45 days from the date of the Offering, to purchase up to an aggregate of 187,500 additional Class A ordinary shares at the initial public offering price, less underwriting discounts and commissions.","length":284,"tagName":"p"},{"type":"text","content":"US Tiger Securities, Inc. acted as the sole book-runner for the Offering.","length":73,"tagName":"p"},{"type":"text","content":"A registration statement related to these securities has been filed with, and declared effective by, the United States Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.","length":528,"tagName":"p"},{"type":"text","content":"This offering is being made only by means of a prospectus forming part of the effective registration statement. A copy of the final prospectus relating to the Offering may be obtained, when available, by contacting US Tiger Securities, Inc. at 437 Madison Avenue, 27th Floor, New York, NY 10022, United States, or by telephone at +1-646-978-5188, or by email at [email protected].","length":388,"tagName":"p"},{"type":...