ABL Lawyers Advise ILAG Listing on Nasdaq Capital Market.
2022-07-144782On July 13, 2022, Intelligent Living Application Group (the “Company”), represented by ABL Lawyers, commenced trading on the Nasdaq Capital Market (“Nasdaq”) in the United States under the ticker symbol “ILAG.” The Company issued 5.06 million ordinary shares, raising approximately US$20 million in aggregate gross proceeds. The lead underwriter in this initial public offering of the Company is Network 1 Financial Securities. The Company manufactures and sells mechanical locksets to customers in the US and Canada.
The AllBright legal team, Senior Partner Frank Xu, Partner Joy Huang, associate Ken Lin, and associate Elain Yu served as the legal counsel to the Company on its IPO and Nasdaq listing and advised on PRC legal matters.