Global Internet of People (SDH) IPO Doubles on Open
Today's IPO for Global Internet of People, Inc. (NASDAQ: SDH) opened for trading at $7.99 after pricing its initial public offering of 6,720,000, ordinary shares at a public offering price of $4.00 per ordinary share.
ViewTrade Securities, Inc., a global provider of brokerage, investment banking, corporate /advisory and trading platform services, acted as sole book-running manager for the offering, National Securities Corporation acted as Co-Underwriter.
Headquartered in Beijing and Shanghai, Global Internet of People, Inc. operates an online knowledge sharing and enterprise service platform, both online, via a mobile application “Shidonghui App” (the “APP”), and offline, through local offices in Beijing, Shanghai and Hangzhou, as well as 51 local centers operated by some of the Company’s members in 35 cities throughout the PRC. The main services SDH offers to App users are (1) Questions and Answers Sessions and (2) streaming of audio and video courses and programs. The offline services SDH offers to its members are study tours and forums. For more information about the Company, please visit: www.sdh365.com.
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