E-Home Household Service (EJH) IPO Opens 269% Higher, Shares Halted

May 14, 2021 12:57 PM EDT

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Today's IPO for E-Home Household Service Holdings Limited (NASDAQ: EJH) opened for trading at $16.60 after pricing 5,555,556 ordinary shares at a public offering price of US$4.5 per share. Shares were immediately halted on the jump.

The Offering is being conducted on a firm commitment basis. Joseph Stone Capital, LLC is acting as the lead underwriter for the Offering. Bevilacqua PLLC is acting as counsel to the Company, and Davidoff Hutcher & Citron LLP is acting as counsel to Joseph Stone Capital, LLC in connection with the Offering.

E-Home Household Service Holdings Limited is a household service company based in Fuzhou, China. The Company provides integrated household services through its website and WeChat platform "e家快服", primarily including home appliance services and housekeeping services.

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