JLHL.US prices its IPO at $4 per share and will debut on the Nasdaq tonight.

Chinese engineering service provider Julong Online (JLHL.US) announced the terms of its IPO pricing. The company plans to issue 1.25 million shares of Class A common stock at a price of $4 per share, raising approximately $5 million (assuming the underwriters do not exercise their option). The company's Class A common stock has been approved for listing on the Nasdaq Capital Market under the stock symbol "JLHL," and trading is expected to begin on June 26th. Julong Online is a China-based company that provides overall solutions for intelligent engineering projects, as well as operation and maintenance services for intelligent systems and sales of intelligent equipment and materials. Its clients include large public utility agencies, commercial real estate projects, and multi-residential community operators in China. The underwriters have a 45-day option to purchase up to an additional 187,500 shares of stock. The offering is expected to be completed on June 27, 2025.