Lakeside Holding Limited (LSH) Prices 1.5M Share IPO at $4.50/sh

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LAKESIDE HOLDING LIMITED ANNOUNCES PRICING OF $6.75 MILLION INITIAL PUBLIC OFFERING

June 27, 2024 8:48 PM EDT

Itasca, IL, June 27, 2024 (GLOBE NEWSWIRE) -- Lakeside Holding Limited (Lakeside or the Company) (Nasdaq: LSH), a U.S.-based integrated cross-border supply chain solution provider with a strategic focus on the Asian market, today announced the pricing of its initial public offering (the Offering) of 1,500,000 shares of common stock at a public offering price of $4.50 per share for total gross proceeds to the Company of $6.75 million, before deducting underwriting discounts and offering expenses.  

The Company has granted a 30-day option to the underwriters to purchase up to 225,000 additional shares of common stock... More