India, Aug. 27 -- Eastern International Ltd., a provider of domestic and cross-border professional logistic services including project logistic and general logistic for Company clients, announced the pricing of its public offering of an aggregate 1.60 million ordinary share of the company. The offering is priced at $4.00 per share.
In addition, the company has granted Maxim a 45-day option to purchase up to an additional 240,000 share of its ordinary shares at the initial public offering price. Assuming that the Over-allotment option is not exercised, the gross proceeds to Eastern International from the Offering, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company, are expected to ...