Linkage Global, a Japanese online retailer and provider of cross-border e-commerce services, raised $6 million by offering 1.5 million shares at $4, the low end of the range of $4 to $6.
Operating through entities in Japan, Hong Kong, and mainland China, Linkage has developed a comprehensive service system comprised of two complementary lines of business, cross-border sales and integrated e-commerce services. Its cross-border sales operations involve sourcing products from Japanese and Chinese manufacturers and brands, together with its private label smart products, which are then recommended to customers via the operating entities. Its integrated e-commerce services include digital marketing, e-commerce operation training, and software support services.
Linkage Global plans to list on the Nasdaq under the symbol LGCB. EF Hutton acted as sole bookrunner on the deal.
