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New Century Logistics Priced, Nasdaq: NCEW

Hong Kong-based provider of air and ocean freight forwarding services.

Industry: Industrials

Latest Trade: $2.50 0.00 (0.0%)

First Day Return: -36.5%

Return from IPO: -37.5%

Industry: Industrials

We are a well-established freight forwarding service provider founded and based in Hong Kong. Our history can be traced back to 2002 when NCL (HK) was incorporated and when it commenced its operation as a freight forwarder in 2004. We provide air and ocean export and import freight forwarding services ranging from the sale of cargo space, cargo pick up, off-airport air cargo security screening, palletization, preparation of shipping documentation, arrangement of customs clearance to cargo handling at ports. Since our inception, we have offered routes to over 140 countries to our customers. The Company is managed and run by a group of professionals with over 20 years of combined expertise in the Air and Ocean freight industries in Hong Kong. We have a robust network that works closely with well-established agents to manage both incoming and outgoing traffic for all other nations as well. These representatives are handpicked to maintain a uniformly high standard of service for our clients all across the world.
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IPO Data
IPO File Date 08/21/2023
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 1.5
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/17/2024
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 1.5
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Craft Capital Management
R.F. Lafferty & Co.
Company Data
Headquarters Hong Kong, China
Founded 2002
Employees at IPO 46
Website nclogistics.com.hk

New Century Logistics (NCEW) Performance