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Luda Technology Group Priced, NYSE American: LUD

Chinese manufacturer of stainless and carbon steel flanges and fittings products.

Industry: Materials

Latest Trade: $4.36 0.00 (0.0%)

First Day Return: 0.0%

Return from IPO: +9.0%

We are a manufacturer and trader of stainless steel and carbon steel flanges and fittings products. Our history began with Luda HK which was incorporated in Hong Kong in 2004 and is principally engaged in the trading of steel flanges and fittings. In 2005, the Company’s business expanded further upstream when Luda PRC was set up to commence the manufacturing of flanges and fittings with self-owned factory in China. We have established an operation history of over 18 years. We are principally engaged in (i) the manufacture and sale of stainless steel and carbon steel flanges and fittings products; and (ii) trading of steel pipes, valves, and other steel tubing products. We are headquartered in Hong Kong with manufacturing base in Taian City, Shandong Province of the PRC. Our sales network comprises customers from China, South America, Australia, Europe, Asia (excluding China) and North America and our customers comprise manufacturers and traders from the chemical, petrochemical, maritime and manufacturing industries.
IPO Data
IPO Date 02/26/2025
Offer Price $4.00
Price Range $4.00 - $4.00
Offer Shares (mm) 2.5
Deal Size ($mm) $10
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Revere Securities
Pacific Century Securities
Company Data
Headquarters Hong Kong, China
Founded 2004
Employees at IPO 159
Website www.ludahk.com

Luda Technology Group (LUD) Performance

Created with Highcharts 10.3.2Chart context menuLUD vs. IPO Index (IPOUSA)26. Feb27. Feb28. Feb3. Mar4. Mar5. Mar6. Mar7. Mar10. Mar11. Mar12. Mar13. Mar-10%0%+ 10%-20%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexLUDOur ETF tracks the IPO Index