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FUZHOU, China, May 19, 2021 /PRNewswire/ E-Home Household Service Holdings Limited (the Company ), a household service company based in Fuzhou, China, today announced the closing of its initial public offering of 5,555,556 ordinary shares (the Offering ) at a public offering price of $4.50 per ordinary share, for total gross proceeds of $25 million before deducting underwriting discounts and commissions and offering expenses. The offering was conducted on a firm commitment basis. In addition, Joseph Stone Capital, LLC, who acted as the representative of underwriters in the Offering partially exercised the over-allotment option for an additional 20,000 ordinary shares. The Offering was closed on May 18, 2021 and shares began trading on May 14, 2021 on NASDAQ Capital Market under the symbol EJH.
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FUZHOU, China, May 14, 2021 /PRNewswire/ E-Home Household Service Holdings Limited (the Company ), a household service company based in Fuzhou, China, today announced the pricing of its initial public offering ( Offering ) of 5,555,556 ordinary shares at a public offering price of US$4.5 per share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading today, May 14, 2021 under the ticker symbol EJH .
The Company expects to receive aggregate gross proceeds of US$25 million from this Offering, before deducting underwriting discounts and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 666,667 ordinary shares at the public offering price. The Offering is expected to close on or about May 18, 2021, subject to the satisfaction of customary closing conditions.