Mainland International (DLHZ.US) sets the price for its US IPO at 4-6 US dollars per share, aiming to raise up to 8 million US dollars.

Mainland International Group (DLHZ.US) submitted documents to the Securities and Exchange Commission (SEC) on Tuesday, February 25th, planning to raise up to $8 million in funding through an Initial Public Offering (IPO). According to the prospectus, Mainland International Group plans to issue 1.5 million shares of stock at a price range of $4 to $6 per share, raising $8 million. At the midpoint of the proposed range, the company's market value will reach $98 million. Mainland International Group is a company based in Chengdu, China, providing property management services and real estate leasing. The company was founded in 2002 and submitted its IPO application to the SEC secretly on November 21, 2022. In addition, the main sources of revenue for Mainland International Group include property management services, commercial operation services, real estate leasing, and other community value-added services. For the twelve months ending September 30, 2024, the company's revenue was $6 million. The company plans to list on Nasdaq under the symbol DLHZ. Revere Securities is the sole bookrunner for this transaction.