Intelligent Living Application Group Inc. Announces Closing of $20.24 Million Initial Public Offering
Hong Kong, July 15, 2022 (GLOBE NEWSWIRE) -- Intelligent Living Application Group Inc. (Nasdaq: ILAG) (the Company or Intelligent Living), a premium lockset manufacturer in Hong Kong, today announced the closing of its initial public offering (the Offering) of 5,060,000 ordinary shares at a price of $4.00 per share.
- Hong Kong, July 15, 2022 (GLOBE NEWSWIRE) -- Intelligent Living Application Group Inc. (Nasdaq: ILAG) (the Company or Intelligent Living), a premium lockset manufacturer in Hong Kong, today announced the closing of its initial public offering (the Offering) of 5,060,000 ordinary shares at a price of $4.00 per share.
- The aggregate gross proceeds from the Offering were $20.24 million, before deducting underwriting discounts and other related expenses.
- Network 1 Financial Securities, Inc. acted as sole book runner and lead underwriter for the Offering.
- Intelligent Living Application Group Inc. is a premium lockset manufacturer in Hong Kong.