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（納斯達克股票代碼：JL）股票於1月24日在納斯達克全球市場開始交易後，由於首次公開募股後的波動，週一股價出現波動。
What To Know:
要知道什麼：
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集團宣佈以每股5.00美元的公開發行價格完成其140萬股普通股的首次公開募股，並將此次發行的總收益定爲700萬美元。
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.
該公司打算將首次公開募股的淨收益用於對其他反光材料分銷商和供應商以及行業價值鏈上游和下游業務的潛在戰略收購和投資。
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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價格走勢：根據Benzinga Pro的數據，J-Long集團的股價在發佈時上漲了10.75％，至11.13美元。
Image: Created using AI via Midjourney
圖片：通過 Midjourney 使用 AI 創建