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Intelligent Living Application Group Priced, Nasdaq: ILAG

Chinese manufacturer of mechanical locksets.

Industry: Industrials

Latest Trade: $1.01 0.00 (0.0%)

First Day Return: +53.0%

Return from IPO: -74.8%

Industry: Industrials

Our mission is to make life safer and smarter by designing and producing affordable, high-quality locksets and smart security systems. Headquartered in Hong Kong, we manufacture and sell high quality mechanical locksets to customers in the United States (US) and Canada and have continued to diversify and refine our product offerings over the past 30 years to meet our customers’ needs. We believe we are one of the pioneers of mechanical lockset manufacturing in China. Since inception, to cope with our development and increase customer satisfaction in quality, we keep investing in self-designed automated product lines, new craftsmanship and developing new products including smart locks. In order to obtain the confidence of our customers, we have obtained the ISO9001quality assurance certificate. Starting in 2000, we offer products that comply with the American National Standards Institute (ANSI) Grade 2 and Grade 3 standards that are developed by the Builders Hardware Manufacturing Association (BHMA) for ANSI. Our focus in producing mechanical locksets - including locksets for outdoors (such as main entrances and gates) and indoors - has resulted in sustainable growth in our business and raised our competitiveness.
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IPO Data
IPO File Date 09/09/2020
Offer Price $4.00
Price Range $5.00 - $5.00
Offer Shares (mm) 5.1
Deal Size ($mm) $20
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/12/2022
Offer Price $4.00
Price Range $5.00 - $5.00
Offer Shares (mm) 5.1
Deal Size ($mm) $20
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Network 1 Financial Securities
Company Data
Headquarters Hong Kong, China
Founded 1981
Employees at IPO 375
Website www.i-l-a-g.com

Intelligent Living Application Group (ILAG) Performance