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Elite Express Holding Filed Terms, Nasdaq: ETS

Provides last-mile delivery services in California.

Industry: Industrials

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Return from IPO:

Industry: Industrials

We are a holding company incorporated in Delaware. Through our wholly owned subsidiary, JAR Transportation Inc., a California-based operating entity, we specialize in last-mile delivery services within California. Our core business focuses on retrieving packages from distribution hubs and ensuring their prompt and secure delivery to recipients’ doorsteps. Committed to innovation and efficiency, our mission is to optimize last-mile logistics by providing efficient, reliable, and innovative delivery solutions. As of the date of this prospectus, we employ approximately 31 full-time and 3 part-time staff, including approximately 26 drivers. Our fleet consists of approximately 20 trucks and trailers. We provide exclusive pickup and delivery services within our designated service area, covering approximately 1,665.28 square miles. We utilize GroundCloud, a leading logistics software, during our course of business, for route optimization, driver management, and compliance monitoring. Additionally, we are actively expanding our investment in advanced technologies to enhance our scalability, automate our operations, and drive our data-driven decision-making. On an average day, we complete between 1,000 to 1,700 stops, facilitating the pickup and delivery of approximately 1,200 to 2,000 packages. During peak seasons, our daily stops rise to an estimated 2,000, allowing us to meet heightened demand with efficiency and reliability.
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IPO Data
IPO File Date 05/05/2025
Offer Price
Price Range $4.00 - $4.00
Offer Shares (mm) 4.0
Deal Size ($mm) $16
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $4.00 - $4.00
Offer Shares (mm) 4.0
Deal Size ($mm) $16
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Dominari Securities
Revere Securities
Company Data
Headquarters Laguna Hills, CA, United States
Founded 2020
Employees at IPO 29
Website www.eliteexpressholding.com

Elite Express Holding (ETS) Performance