China's leading provider of office solutions, Jun Chang Digital, announced the terms of its initial public offering (IPO) for the first time.
Zhongyuan Finance APP has learned that Jun Chang Digital (EHGO.US), a leading provider of office solutions in China, has announced the terms of its initial public offering (IPO). The company has publicly issued 1.25 million shares of Class A common stock, priced at $4 per share, and expects to raise a total of $5 million through this issuance.
Jun Chang Digital's Class A common stock is scheduled to be officially listed for trading on the NASDAQ stock market on July 2, 2024, with the stock code EHGO.
As part of the offering, the underwriters have been granted an option to purchase up to an additional 187,500 shares of stock under certain conditions.
The offering is expected to be completed on July 3, 2024.