Eshallgo Inc Completes Successful IPO, Raises $5 Million

Eshallgo Inc, a leading office solution provider in China, has successfully completed its initial public offering (IPO) of 1,250,000 Class A ordinary shares at $4 per share. The IPO resulted in the company raising $5 million, with the shares now being traded on the Nasdaq Capital Market under the symbol 'EHGO.'

The IPO was underwritten by US Tiger Securities, Inc. and Kingswood Capital Partners, LLC, with legal counsel provided by Ortoli Rosenstadt LLP and VCL Law LLP. The registration statement for the offering was approved by the SEC on July 1, 2024.

Eshallgo Inc operates in the office supply sales, leasing, and maintenance sectors across 20 provinces in China. The company's goal is to become a leading office integrator and service provider, offering a wide range of solutions to its customers.

Investors are advised to be cautious as forward-looking statements in the announcement are subject to risks and uncertainties. It is recommended to review the company's filings with the SEC for a better understanding of potential factors affecting future results.

For investor relations inquiries, individuals can reach out to Sherry Zheng at Weitian Group LLC.

Eshallgo Inc's successful IPO marks a significant milestone for the company as it continues to expand its presence in the office solutions market. Investors are encouraged to stay informed about the company's developments and exercise due diligence when considering investment opportunities.