J-long group limited announces closing of its initial public offering

Hong kong, jan. 29, 2024 (globe newswire) -- j-long group limited (nasdaq: jl) (the “company” or “j-long”), an established distributor in hong kong of reflective and non-reflective garment trims, today announced the closing of its initial public offering (the “offering”) of 1,400,000 ordinary shares at a public offering price of $5.00 per ordinary share. the aggregate gross proceeds from the offering, before deducting underwriting discounts and other offering expenses, were $7,000,000. the company's ordinary shares began trading on the nasdaq global market on january 24, 2024, under the symbol “jl.”
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