CLPS, which provides professional IT services to financial firms in China, raised $10.5 million by offering 2.0 million shares at $5.25, within the range of $5.00 to $5.50.
At pricing, it commands a market value of $70 million an an enterprise value of $57 million.
CLPS plans to list on the Nasdaq under the symbol CLPS. The Benchmark Company acted as lead manager on the deal.
