Smart Logistics Global Limited Announces Closing of Initial Public Offering
1. SLGB closed its IPO, raising $5 million from 1 million shares. 2. Proceeds allocated: 50% for infrastructure, 30% for working capital, 20% for R&D. 3. Underwriters can purchase an additional 150,000 shares to cover over-allotments. 4. SLGB trades under Nasdaq symbol SLGB since October 15, 2025. 5. Company focuses on cost-efficient B2B logistics in China since 2018.