JL News

Seven IPOs priced this past week, led by three that raised $100+ million. After upwardly revising the terms earlier in the week, CG Oncology (CGON) further upsized the offering and priced above the range to raise $380 million at a $1.3 billion market cap. Its sole clinical asset is initially in development for a subclass of bladder cancer and is currently in an...read more

J-Long Group, a Hong Kong-based distributor of reflective and non-reflective garment trims, raised $7 million by offering 1.4 million shares at $5, within the range of $4 to $6. The IPO float is just 4.5% of basic shares outstanding. Operating through subsidiary JLHK, the company distributes reflective and non-reflective garment trims including heat transfers, fabrics, woven...read more

J-Long Group, a Hong Kong-based distributor of reflective and non-reflective garment trims, announced terms for its IPO on Thursday. The company plans to raise $7 million by offering 1.4 million shares at a price range of $4 to $6. At the midpoint of the proposed range, J-Long Group would command a market value of $157 million. Operating through subsidiary JLHK, the company...read more

J-Long Group, a Hong Kong-based distributor of reflective and non-reflective garment trims, filed on Thursday with the SEC to raise up to $15 million in an initial public offering. Operating through subsidiary JLHK, the company distributes reflective and non-reflective garment trims including heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper...read more