Articles from WestPark Capital

WestPark Capital today announced the closing of the initial public offering of 1,750,000 ordinary shares at a public offering price of $4.00 per share (the “Offering”) for OneConstruction Group Limited (“OneConstruction Group” or the “Company”), a structural steelwork contractor in Hong Kong. The Company has granted the underwriters a 45-day option to purchase up to 15% of the aggregate number of ordinary shares sold in the Offering. The Company’s ordinary shares began trading on the Nasdaq Capital Market on December 31, 2024, under the ticker symbol “ONEG”.

WestPark Capital today announced the closing of a $5 Million Initial Public Offering for Jinxin Technology Holding Company (the “Company”) (Nasdaq: NAMI), an innovative digital content service provider in China. The offering consisted of 1,250,000 American Depositary Shares (“ADSs”) at a price to the public of $4.00 per ADS. Each ADS represents eighteen (18) ordinary shares of the Company. The ADSs commenced trading on December 06, 2024 under the ticker symbol “NAMI.”

WestPark Capital, a Los Angeles based international investment bank and securities firm announced today the closing of an initial public offering for U Power Limited (UCAR) a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China. The offering consisted of 2,416,667 ordinary shares at a public price of US$6.00 per ordinary share. The gross proceeds of the Offering were approximately US$14.50 million, before deducting underwriting discounts and commissions, and other offering expenses. The ordinary shares began trading on the Nasdaq Capital Market on April 20, 2023, under the symbol “UCAR.” Net proceeds from the Offering will be used for developing and marketing UOTTA-powered EVs, manufacturing and developing UOTTA-powered battery-swapping stations, developing and upgrading UOTTA technologies, and working capital purposes.

Nutriband Inc. (NASDAQNTRB) NASDAQ: NTRBWNASDAQNTRBW)

WestPark Capital, a full-service investment bank and broker-dealer, announced the hiring four key additions to its technology research team:

WestPark Capital, a full-service investment bank and securities broker-dealer based in Los Angeles, today announced the closing of the initial public offering ("IPO") for its client Infobird Co., Ltd ("Infobird" or the "Company"). WestPark was the Book-Running Manager of the offering. 6,250,000 ordinary shares were sold for a total of $25,000,000 in gross proceeds before fees and expenses. Infobird’s shares began trading on The Nasdaq Global Market ("Nasdaq") on Tuesday April 20, 2021 under the trading symbol "IFBD."