ZJK Industrial Co., Ltd. Announces Partial Exercise of Over-Allotment Option [Yahoo! Finance]
ZJK Industrial Co., Ltd. - Ordinary Shares (ZJK)
Company Research
Source: Yahoo! Finance
manufacturing and sale of precision fasteners, structural parts and other precision metal parts products for new energy vehicles and intelligent electronic equipment, today announced that the underwriters of its initial public offering (the "Offering") have partially exercised their over-allotment option to purchase an additional 131,249 ordinary shares at the public offering price of US$5.00 per share. After giving effect to the partial exercise of the over-allotment option, the Company sold an aggregate 1,381,249 ordinary shares for gross proceeds of approximately US$6.91 million, before deducting underwriter discounts and other related expenses. The option closing date was October 30, 2024. The ordinary shares began trading on The Nasdaq Capital Market on September 30, 2024, under the ticker symbol "ZJK." Net proceeds from the Offering will be used for (i) expanding the Company's manufacturing facilities, (ii) expanding sales network in North America, (iii) potential acquisitions
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ZJK
News
- ZJK Industrial Co., Ltd. Reports Financial Results for the First Six Months of Fiscal Year 2024 [Yahoo! Finance]Yahoo! Finance
- ZJK Industrial Co., Ltd. Reports Financial Results for the First Six Months of Fiscal Year 2024PR Newswire
- ZJK Industrial Expands Collaboration with NVIDIA into Liquid Cooling SystemsGlobeNewswire
- ZJK Industrial Co., Ltd. Announces Partial Exercise of Over-Allotment OptionGlobeNewswire
- ZJK Industrial Co., Ltd. Announces Closing of Initial Public OfferingGlobeNewswire
ZJK
Sec Filings
- 12/16/24 - Form 6-K
- 12/3/24 - Form 6-K
- 10/30/24 - Form 6-K
- ZJK's page on the SEC website