What's Going On With J-Long Group Stock?
What's Going On With J-Long Group Stock?
The company intends to use the net proceeds from its IPO for potential strategic acquisitions and investments in other reflective materials distributors and providers, as well as upstream and downstream businesses along the industry value chain.J-Long Group Limited (NASDAQ:JL) shares are volatile Monday on post-IPO volatility after shares began trading on the Nasdaq Global Market on Jan. 24.
J-Long Group Limited（纳斯达克股票代码：JL）股票于1月24日在纳斯达克全球市场开始交易后，由于首次公开募股后的波动，周一股价出现波动。
What To Know:
要知道什么：
J-Long Group announced the closing of its initial public offering of 1,400,000 ordinary shares at a public offering price of $5.00 per share and listed the aggregate gross proceeds from the offering at $7 million.
J-Long集团宣布以每股5.00美元的公开发行价格完成其140万股普通股的首次公开募股，并将此次发行的总收益定为700万美元。
The company intends to use the net proceeds from its IPO for potential strategic acquisitions and investments in other reflective materials distributors and providers, as well as upstream and downstream businesses along the industry value chain.
该公司打算将首次公开募股的净收益用于对其他反光材料分销商和供应商以及行业价值链上游和下游业务的潜在战略收购和投资。
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JL Price Action: According to Benzinga Pro, J-Long Group shares are up 10.75% at $11.13 at the time of publication.
JL价格走势：根据Benzinga Pro的数据，J-Long集团的股价在发布时上涨了10.75％，至11.13美元。
Image: Created using AI via Midjourney
图片：通过 Midjourney 使用 AI 创建
