Julong Holding Limited Announces Successful Initial Public Offering, Raising $5 Million

Julong Holding Limited, a provider of intelligent integrated solutions, has closed its initial public offering (IPO) of 1.25 million Class A ordinary shares at $4.00 per share. The IPO raised $5 million in gross proceeds, which will be used for strategic acquisitions, expanding into new markets, research and development, and general corporate purposes. The company's shares began trading on the Nasdaq Capital Market on June 26, 2025.

Julong Holding Limited, a provider of intelligent integrated solutions, has successfully closed its initial public offering (IPO) of 1.25 million Class A ordinary shares at $4.00 per share. The IPO raised $5 million in gross proceeds, which will be used to fund strategic acquisitions, market expansion, research and development, and general corporate purposes. The company's shares began trading on the Nasdaq Capital Market on June 26, 2025 [1].

The IPO, priced at $4.00 per share, offered 1,250,000 Class A ordinary shares with a par value of $0.0001 per share, totaling approximately $5.0 million. US Tiger Securities, Inc. acted as the sole book-runner for the offering, which is expected to close on June 27, 2025 [2].

The underwriter has an option to purchase up to 187,500 additional shares at the initial offering price, less underwriting discounts and commissions, within 45 days from the date of the offering. This option could potentially dilute existing shares and impact shareholder value [1].

Julong Holding, established in 1997, focuses on providing intelligent integrated solutions for public utilities, commercial properties, and multifamily residential properties in China. The company's comprehensive suite of solutions includes systems for intelligent security, fire protection, parking, toll collection, broadcasting, identification, data room, emergency command, and city management [3].

The completion of this micro-IPO suggests limited institutional interest despite the growth potential in the intelligent integrated solutions market. Julong's IPO size positions it firmly in the "micro-IPO" category, substantially smaller than typical Nasdaq offerings [3].

References:
[1] https://www.investing.com/news/stock-market-news/julong-holding-opens-55-higher-after-nasdaq-ipo-93CH-4113169
[2] https://www.nasdaq.com/articles/julong-holding-limited-announces-pricing-initial-public-offering-nasdaq
[3] https://www.stocktitan.net/news/JLHL/julong-holding-limited-announces-closing-of-initial-public-96vq6y57yp4l.html