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Week of Expected Pricing 3/31/2023
Company Name SHENGFENG DEVELOPMENT LTD
Proposed Ticker SFWL
CUSIP G8117B101
Business Description The VIE is one of the leading contract logistics service providers in China. Since the establishment of the VIE in 2001, our mission has been to provide logistics solutions to companies in need of storage and delivery assistance in China. Through our experienced management team, we apply our well-established management system and operation procedures to assist companies in China to increase efficiency and improve their own management systems with respect to transportation, warehousing and time management.
Lead Underwriter Univest Securities, LLC
Co-Managers N/A
Initial Shares 30,00,000
Revised Initial Shares 24,00,000
Initial Price $4.00-$5.00
Revised Price N/A
Final Price $4.00
Final Ticker SFWL

 

 

   
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