Pansoft (PSOF) Sees IPO Price of About $6
Pansoft Company Limited (Nasdaq: PSOF) has filed an amended registration statement with the SEC for an initial public offering of its common stock. The Company is offering 1,200,000 shares and expects the offering price to be about $6.00 per share. The Company plans to list on the NASDAQ under the symbol "PSOF".
The offering is being made through Anderson & Sturdwick.
Pansoft is a holding company that owns all of the outstanding capital stock of PJCL it's wholly-owned operating subsidiary based in Jinan, China. Its business is divided into two distinct areas: developer of enterprise resource planning software and professional services for participants in China’s oil and gas industry and developing, but do not yet provide, an ERP software development platform for small-to-medium sized businesses in China.
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