Jianzhi Education Technology Group (JZ) Closes $25M IPO
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Jianzhi Education Technology Group Company Limited Announces Closing of US$25,000,000 Initial Public Offering
August 30, 2022 4:30 PM EDTBEIJING, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Jianzhi Education Technology Group Company Limited (the Company or Jianzhi) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced the closing of its initial public offering of 5,000,000 American Depositary Shares (the ADS) at a public offering price of US$5.00 per ADS for the total gross proceeds of approximately US$25,000,000, assuming the underwriter does not exercise its over-allotment option to purchase additional ADSs. Each ADS represents two ordinary shares of the Company. The offering closed on Aug 30, 2022, U.S. Eastern time, and the ADSs began trading... More
