03:43 AM EDT, 07/02/2024 (MT Newswires) -- Eshallgo ( EHGO ) said late Monday it priced an initial public offering of about 1.3 million class A ordinary shares at $4 per share for gross proceeds of $5 million.

The office supply sale and leasing company granted the underwriters a 45-day option to buy up to an additional 187,500 shares.

The shares are expected to start trading on Nasdaq under the ticker symbol "EHGO" on Tuesday, and the offering is expected to close on Wednesday.