Company to Trade on NASDAQ Capital Market Under Ticker Symbol “SSLJ”
WUHAN, China, Jan. 31, 2018 /PRNewswire/ — SSLJ.com Limited (the “Company”), a vertically integrated O2O home decoration service and product provider in China, today announced the first closing of its initial public offering (“IPO”), selling 3,819,892 Class A ordinary shares at a price to the public of $5.00 per share for a total of $19,099,460 in gross proceeds before expenses and underwriting commissions. The Company’s Class A ordinary shares are expected to begin trading on or about Monday, February 5, 2018 on The NASDAQ Capital Market (“NASDAQ”) under the ticker symbol “SSLJ.”
The registration statement relating to the securities being sold in the IPO was declared effective by the Securities and Exchange Commission (“SEC”) on January 3, 2018. The offer and sale of the IPO securities are made only by means of a prospectus. A copy of the final prospectus may be obtained by contacting the IPO’s sole underwriter, Boustead Securities, LLC Attention: Equity Capital Markets, 6 Venture, Suite 325, Irvine, CA 92618 USA, email@example.com , or by telephone at +1 949 502 4409. Ellenoff Grossman & Schole LLP acted as counsel to the Company. Boustead Securities, LLC was represented by Ortoli Rosenstadt LLP.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
About SSLJ.com Limited
SSLJ.com Limited is a pioneer in the vertically integrated O2O home decoration service and product market with one of the largest market shares in China. The Company provides customers with a convenient, full-service, one-stop solution for their homes’ interior decoration and improvement needs by offering consulting, design, construction, and furnishing services as well as modern, high-quality and high-tech products. The Company has 9 branch companies and 12 sales offices in 10 cities, which are Beijing, Shanghai, Shenzhen, Wuhan, Suzhou, Hefei, Zhengzhou, Tianjin, Chengdu, Xi’an. For more information, please visit http://www.sslj.com/.
About Boustead Securities, LLC
Boustead Securities, LLC (“Boustead”) is an investment banking firm that executes and