From GlobeNewswire: 2024-12-31 15:00:00

INLIF LIMITED, based in Quanzhou, China, has announced the pricing of its initial public offering on the Nasdaq Capital Market. The company will offer 2,000,000 ordinary shares at $4.00 per share, with expected gross proceeds of $8 million. The offering is set to close on January 3, 2025. Proceeds will be used for construction projects and working capital. The underwriters have a 45-day option to purchase an additional 300,000 shares. The offering is being conducted on a firm commitment basis, with AC Sunshine Securities LLC as the underwriter.

INLIF LIMITED, through its operating entity Ewatt Robot Equipment Co. Ltd., is engaged in the research, development, and sales of injection molding machine-dedicated manipulator arms. The company offers a range of manipulator arms and related services. Forward-looking statements have been made regarding the offering, with risks and uncertainties outlined in the registration statement filed with the SEC. Investors are encouraged to review all filings before making investment decisions. For further information, contact the company’s Investor Relations Department.



Read more at GlobeNewswire: INLIF LIMITED Announces Pricing of US$8 Million Initial