JIADE LIMITED (JDZG) Closes $8M IPO

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Go back to JIADE LIMITED (JDZG) Closes $8M IPO

JIADE LIMITED Announces Closing of $8 Million Initial Public Offering

May 17, 2024 1:20 PM EDT

Chengdu, China, May 17, 2024 (GLOBE NEWSWIRE) -- JIADE LIMITED (Nasdaq: JDZG) (the Company or JDZG), a company that specializes in providing one-stop comprehensive education supporting services to adult education institutions, today announced the closing of its initial public offering (the Offering) of 2,000,000 ordinary shares at a public offering price of US$4.00 per ordinary share. The ordinary shares began trading on the Nasdaq Capital Market on May 15, 2024 under the ticker symbol JDZG.

The Company received aggregate gross proceeds of US$8,000,000 from the Offering, before deducting underwriting discounts and other related expenses. In... More