Smart Logistics Global Ltd

SLGB

Market cap $84.9M

Despite the government shutdown, there was a healthy amount of IPO activity this week. Six IPOs debuted this week, including two direct listings; two IPOs and nine SPACs submitted filings. With the government shutdown still in effect, there are currently no IPOs scheduled for the week ahead.

Hong Kong, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Smart Logistics Global Limited (Nasdaq: SLGB) (the “Company”), a Hong Kong-based business-to-business contract logistics solution provider, today announced the closing of its initial public offering (the “Offering”) of 1,000,000 ordinary shares (the “Ordinary Shares”) at a public offering price of $5.00 per share for total gross proceeds of $5,000,000, before deducting underwriting discounts and other offering expenses. The Ordinary Shares commenced trading on the Nasdaq Capital Market on October 15, 2025, under the ticker symbol “SLGB”. The Offering closed on October 16, 2025.