India, April 14 -- Haoxin Holdings Limited (HXHX), a provider of temperature-controlled truckload services and urban delivery services in China, announced that it priced its initial public offering of 1.75 million Class A ordinary shares, $0.0001 par value per share, at a public offering price of $4.00 per ordinary share, for total gross proceeds of $7 million, before deducting underwriting discounts and commissions and offering expenses.
The Class A ordinary shares are expected to commence trading on Nasdaq Capital Market under the ticker symbol HXHX on April 15, 2025.
The company has granted the underwriters an option, exercisable within 45 days from the date of the underwriting agreement, to purchase up to an additional 262,500 Class A...