Callan JMB, a provider of fulfillment, logistics, and packaging solutions, raised $5 million in its US IPO by offering 1.3 million shares at a price of $4.00 per share.
Because the company listed with a post-IPO market cap of less than $50 million, it did not meet Renaissance Capital's tracking criteria, and it will be excluded from our 2025 IPO stats and screens.
Callan JMB began trading on the Nasdaq under the ticker symbol CJMB on Wednesday, February 5. The company closed its first day at $4.10, on volume of just under 300,000. Alexander Capital and Paulson Investment acted as joint bookrunners.
