Chinese cross-border logistics service provider Wodo.us plans to price its IPO at 4-6 dollars per share, aiming to raise 8 million dollars.

Chinese cross-border freight and logistics service provider WODO.US announced the IPO terms last Friday. The company, headquartered in Wuhan, China, plans to issue 1.5 million shares at a price range of $4 to $6, raising $8 million. Based on the midpoint of the proposed price range, WODO's market value will reach $150 million. WODO provides comprehensive cross-border logistics solutions, strategically focusing on connecting China with global markets for freight services. The company operates through subsidiaries in major cities such as Shanghai, Wuhan, and Shenzhen. Founded in 2020, WODO had a revenue of $65 million for the 12 months ending on March 31, 2025. The company plans to list on the Nasdaq under the stock symbol "WODO". CraftCapital Management is the exclusive underwriter for this transaction.