04:22 AM EDT, 08/21/2025 (MT Newswires) -- Elite Express said late Wednesday it has priced its initial public offering of 3.8 million class A common shares at $4 per share for gross proceeds of about $15.2 million.

Underwriters have been granted a 45-day option to purchase up to an additional 570,000 shares, the last-mile delivery service provider said.

The shares are expected to begin trading on Nasdaq this Thursday under the ticker symbol, "ETS." The offering is set to close Friday.