CLPS, a Chinese provider of turn-key financial technology solutions, filed on Tuesday with the SEC to raise up to $14 million in an initial public offering.
The Shanghai, China-based company was founded in 2005 and booked $37 million in sales for the 12 months ended December 31, 2017. It plans to list on the Nasdaq under the symbol CLPS. CLPS filed confidentially on December 8, 2017. The Benchmark Company and Cuttone & Co. are the joint bookrunners on the deal. No pricing terms were disclosed.
