02:06 PM EDT, 04/10/2025 (MT Newswires) -- JiaLian Technologies filed a registration Thursday with the US Securities and Exchange Commission for an IPO of its Class A ordinary shares at par value of $0.05 apiece.
The British Virgin Islands-incorporated B2B ecommerce solutions provider will grant the underwriter a 45-day over-allotment option to buy additional shares of up to 15% of the total sold in the IPO.
The company plans to use the net proceeds for working capital, operating expenses, and general corporate purposes.
JiaLian Technologies seeks to list on Nasdaq under the ticker 'JLCN.'