Jiangsu mold manufacturer Ningtai Mold (NTMJ.US) filed to list on NASDAQ: IPO price is set at $4 to $5 per share, aiming to raise $28 million.

According to the Wise Financial APP, Chinese custom mold and injection product manufacturer Ningtai Mould (NTMJ.US) submitted a filing to the U.S. Securities and Exchange Commission (SEC) on Tuesday, planning to raise $28 million through an initial public offering (IPO). The company plans to issue 6.3 million shares of stock with an offering price range of $4 to $5 per share. Based on the midpoint of the offering price range, Ningtai Mould's market value will reach $123 million.