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Reitar Logtech Holdings Priced, Nasdaq: RITR

Provides design and other services to the logistics industry in Hong Kong.

Industry: Industrials

Latest Trade: $4.69 +0.01 (+0.2%)

First Day Return: +3.8%

Return from IPO: +17.0%

Industry: Industrials

We provide comprehensive logistics solutions by connecting capital partners, logistics operators, and our innovative integration and application of logistics technologies through our end-to-end logistics solution business model. Our business primarily consists of two segments: (i) asset management and professional consultancy services, and (ii) construction management and engineering design services. For logistics operators such as third-party logistics companies, or 3PLs, we provide one-stop logistics solutions whereby we procure capital partners to invest in logistics property development and redevelopment projects, provide support for 3PL customers in their bidding for commercial and government tender projects, help customers obtain relevant licenses for their planned logistics operations, and provide consulting services for customers to determine their strategies and overall logistics plans. We also act as the managing contractor to provide project management services before and during construction work in logistics property development projects, aiming to provide a turnkey solution to our customers. Our one-stop business model allows us to understand customers’ needs in all aspects of their workflow, provide solutions at each stage that fit into the overall plan, lower their operating costs through centrally managed work process, utilize our relationship network to assist customers in their business, and optimize the overall logistics operations for our customers.
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IPO Data
IPO File Date 03/28/2024
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 2.1
Deal Size ($mm) $9
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/22/2024
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 2.1
Deal Size ($mm) $9
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cathay Securities
Dominari Securities
Company Data
Headquarters Hong Kong, China
Founded 2015
Employees at IPO 53
Website www.reitar.io

Reitar Logtech Holdings (RITR) Performance