Jerash Holdings Inc. (JRSH) Prices 1M Share Offering at $7

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Go back to Jerash Holdings Inc. (JRSH) Prices 1M Share Offering at $7

Jerash Holdings (US), Inc. Announces Pricing of $7.0 Million Public Offering of Common Stock

September 29, 2021 11:46 PM EDT

FAIRFIELD, NJ, / ACCESSWIRE / September 29, 2021 / Jerash Holdings (US), Inc. (NASDAQ: JRSH) (the "Company" or "Jerash"), which is a premium manufacturer and exporter of custom, ready-made, sportswear and outerwear for leading global brands, today announced the pricing of an underwritten public offering of 1,000,000 shares of its common stock at a public offering price of $7.00 per share. In addition, Merlotte Enterprise Limited, a stockholder of Jerash, is selling 400,000 shares of Jerash's common stock in the offering at the same price. The selling stockholder has also granted the underwriters a 30-day option to purchase... More