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Chinese IT services provider JAJI Global files for a $20 million US IPO

December 19, 2024
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JAJI Global, which provides IT services to the securities and automotive industries in China, filed on Wednesday with the SEC to raise up to $20 million in an initial public offering.

JAJI Global provides IT products and services in China, with a focus on accelerating innovation and software-driven technologies in the securities and automotive industries. The company also provides business management and recruiting services to its customers.

The Shanghai, China-based company was founded in 2010 and booked $11 million in revenue for the 12 months ended June 30, 2024. It plans to list on the Nasdaq but has not selected a symbol yet (RC ticker: JAJI.RC). JAJI Global filed confidentially on June 18, 2024. Aegis Capital Corp. is the sole bookrunner on the deal. No pricing terms were disclosed.