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Golden Heaven Group Holdings Priced, Nasdaq: GDHG

Operates six amusement and water parks across southern China.

Industry: Consumer Discretionary

Latest Trade: $0.23 0.00 (0.0%)

First Day Return: +0.2%

Return from IPO: -94.2%

Industry: Consumer Discretionary

Through the Chinese operating entities, we manage and operate six properties consisting of amusement parks, water parks and complementary recreational facilities. The parks of the operating entities occupy approximately 426,560 square meters of land in the aggregate and are located in geographically diverse markets across the south of China. Due to the geographical locations of the parks and the ease of travel, the parks are easily accessible to an aggregate population of approximately 21 million people. The parks offer a broad selection of exhilarating and recreational experiences, including both thrilling and family-friendly rides, water attractions, gourmet festivals, circus performances, and high-tech facilities. As of the date of this prospectus, the parks collectively contain 159 rides and attractions. Our revenue is primarily generated from the Chinese operating entities’ selling access to rides and attractions, charging fees for special event rentals, and collecting regular rental payments from commercial tenants. Our revenue and net income have remained largely stable over the years, except in 2020 when the COVID-19 pandemic noticeably impacted our financial performance.
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IPO Data
IPO File Date 11/04/2022
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 1.8
Deal Size ($mm) $7
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/11/2023
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 1.8
Deal Size ($mm) $7
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Revere Securities
R.F. Lafferty & Co.
Company Data
Headquarters Nanping, China
Founded 2008
Employees 617
Website jsyoule.com

Golden Heaven Group Holdings (GDHG) Performance