India, Feb. 26 -- LZ Technology Holdings Limited, an information technology and advertising company, announced that it has priced its initial public offering of 1.80 million Class B ordinary shares, par value $0.000025 per share, at a public offering price of $4.00 per share.
The company's Class B Ordinary Shares are expected to begin trading on the Nasdaq Capital Market on February 27, 2025 under the ticker symbol "LZMH."
The company expects to receive aggregate gross proceeds of US$7.2 million from this offering, before deducting underwriting discounts and offering expenses payable by the company. In addition, the company has granted the underwriters a 45-day option to purchase up to an additional 270,000 Class B Ordinary Shares at the ...