India, Feb. 4 -- Callan JMB Inc. (CJMB), an integrative logistics company empowering the healthcare industry and emergency management agencies through exceptional fulfillment, storage, monitoring, and cold chain logistics services, said that it has priced its initial public offering of 1.28 million shares of common stock at an initial public offering price of $4.00 per share, generating approximately $5.12 million in gross proceeds. This amount is before deducting underwriting discounts, commissions, and estimated offering expenses payable by the company.
In addition, Callan has granted the underwriters a 45-day option to purchase,at the public offering price, up to an additional 192,000 shares of Common Stock at the public offering price,...