Loeb & Loeb represented Smart Logistics Global Limited, a Hong Kong-based business-to-business contract logistics solution provider, in its initial public offering.
The offering consisted of 1,000,000 ordinary shares at a price of $5.00 per share on the Nasdaq Capital Market under the ticker symbol “SLGB.”
The offering closed on October 16, 2025, raising gross proceeds of $5 million, before deducting underwriting discounts and offering expenses. The company intends to use 50% of the proceeds from this offering for infrastructure investments, 30% for working capital and the remaining 20% for research and development expenses.
Additionally, the company has granted the underwriters an option, exercisable within 45 days from the closing date of the offering, to purchase up to an additional 150,000 ordinary shares at the public offering price, less underwriting discounts, to cover over-allotments, if any.
The Loeb team was led by Henry Yin, chair of the firm’s Asia M&A and Technology Transactions practice, and included Capital Markets senior counsel Xiaoqin (Sherry) Li and Jane Tam, Corporate counsel Benjamin Yao and associate Shaun Tho.
For more information, please see Smart Logistics Global Limited’s press release.
The offering consisted of 1,000,000 ordinary shares at a price of $5.00 per share on the Nasdaq Capital Market under the ticker symbol “SLGB.”
The offering closed on October 16, 2025, raising gross proceeds of $5 million, before deducting underwriting discounts and offering expenses. The company intends to use 50% of the proceeds from this offering for infrastructure investments, 30% for working capital and the remaining 20% for research and development expenses.
Additionally, the company has granted the underwriters an option, exercisable within 45 days from the closing date of the offering, to purchase up to an additional 150,000 ordinary shares at the public offering price, less underwriting discounts, to cover over-allotments, if any.
The Loeb team was led by Henry Yin, chair of the firm’s Asia M&A and Technology Transactions practice, and included Capital Markets senior counsel Xiaoqin (Sherry) Li and Jane Tam, Corporate counsel Benjamin Yao and associate Shaun Tho.
For more information, please see Smart Logistics Global Limited’s press release.
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亚洲并购与技术交易主席
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资深顾问律师
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资深顾问律师