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Rubber Leaf Filed Terms, Nasdaq: RLEA

Chinese supplier of automotive rubber and plastic sealing strips.

Industry: Industrials

We are a Nevada-incorporated corporation, operating primarily through our wholly owned subsidiary, Rubber Leaf Sealing Products (Zhengjiang) Co., Ltd. (“RLSP”). Our primary offerings consist of automotive rubber and plastic sealing strips tailored for specific models. These products boast distinctive personalized customization features, making the direct sales model the predominant approach. We directly engage with the auto OEMs or their first-tier suppliers to obtain supplier qualifications, define product specifications and models, negotiate product prices and finalize orders. All of our executives are seasoned industry professionals with extensive experience in the automotive sector for more than 20 years. Their expertise and extensive network facilitate our market expansion for businesses. While securing approval from auto OEMs may be a time-intensive process, once established as their supplier, our continuing orders demonstrate stability spanning several years. We have established ourselves as an important supplier to several major auto original equipment manufacturers, or OEMs, including eGT New Energy Automotive Co., Ltd. (“eGT”) and Volkswagen.
IPO Data
IPO File Date 02/23/2024
Offer Price
Price Range $4.00 - $6.00
Offer Shares (mm) 1.6
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Prime Number Capital
Company Data
Headquarters Ningbo, China
Founded 2011
Employees at IPO 24
Website www.rubberleaf.com.cn

Rubber Leaf (RLEA) Performance

Created with Highcharts 10.3.2Chart context menuRLEA vs. IPO Index (IPOUSA)16. Dec23. Dec30. Dec6. Jan13. Jan20. Jan27. Jan3. Feb10. Feb17. Feb24. Feb3. Mar10. Mar-20%-10%0%+ 10%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index