04:23 AM EST, 03/05/2024 (MT Newswires) -- Lucas GC (LGCL) said Monday it has priced an initial public offering of 1.5 million shares of its stock at $4 per share for total proceeds of $6 million.

The human resources management company said the shares are to begin trading Wednesday on the Nasdaq Capital Market. The offering is expected to close on or about Friday subject to customary closing conditions.

Lucas GC also said it has granted underwriters of the offering a 45-day option to purchase up to an additional 225,000 shares of the stock at the initial price.

The company's statement describes it as an artificial intelligence technology-driven online agent-centric human capital management service provider focused initially on targeting professionals based on Platform-as-a-Service, or PaaS,