Smart Logistics Global Ltd. Plans $6 Million IPO for January 10th (SLGB)

Smart Logistics Global Ltd. (SLGB) plans to raise $6 million in an IPO on Friday, January 10th, IPO Scoop reports. The company will be issuing 1,000,000 shares at $5.00-$6.00 per share.

In the last twelve months, Smart Logistics Global Ltd. generated $91.4 million in revenue and had a net loss of $1.4 million. Smart Logistics Global Ltd. has a market-cap of $225.5 million.

Benjamin Securities and Prime Number Capital served as the underwriters for the IPO.

Smart Logistics Global Ltd. provided the following description of their company for its IPO: “We are a holding company whose operating subsidiary in China manages a business-to-business logistics provider, focused on the transportation of industrial raw materials. (Incorporated in the Cayman Islands)  Note: Net income and revenue are for the 12 months that ended June 30, 2024.  (Note:  Smart Logistics Global Ltd. filed an F-1/A dated Dec. 6, 2024, and updated its financial statements through the period ending June 30, 2024. Background: Smart Logistics Global Ltd. filed an F-1/A dated Nov. 20, 2024, and disclosed the terms of its IPO: The company is offering 1 million shares at a price range of $5.00 to $6.00 to raise $5.5 million. Background: Smart Logistics Global Ltd. filed its F-1 for its IPO on Oct. 4, 2024, with estimated IPO proceeds of $10 million.) “.

Smart Logistics Global Ltd. was founded in 2017 and has 77 employees. The company is located at UNIT 702, LEVEL 7, CORE B, CYBERPORT 3 100 CYBERPORT ROAD POKFULAM, HONG KONG 999077 and can be reached via phone at (852) 6741 7569.