Li Bang International Corporation Inc. prices IPO at $4 with 1,520,000 shares, expected to start trading on Nasdaq.

From GlobeNewswire: 2024-10-22 17:45:00

Li Bang International Corporation Inc. has priced its initial public offering at US$4.00 per ordinary share, with 1,520,000 shares, expected to start trading on Nasdaq under “LBGJ” on October 23, 2024. The Company anticipates receiving around US$6.08 million in gross proceeds. The Offering is set to close around October 24, 2024, with proceeds dedicated to various operational aspects like plant construction, advertising, and general working capital. Craft Capital Management LLC and EF Hutton LLC are the underwriters for the Offering (File Number: 333-262367). For more details, refer to the SEC’s website or Company’s and underwriters’ provided contact information.



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