CLPS Incorporation Announces Filing of Registration Statement for Proposed Initial Public Offering of JAJI Global Incorporation
CLPS Incorporation announced that its majority-owned subsidiary, JAJI Global, has filed for an IPO on the Nasdaq Capital Market. JAJI, which specializes in IT services for automotive and securities industries, currently has 10 million shares, with CLPS holding a 60% stake. Aegis Capital Corp. will act as the sole underwriter.
The IPO proceeds will fund product development, M&A activities, global expansion, and operations. JAJI offers IT consulting, business management services, and proprietary IT solutions. While the exact number of shares and price range are yet to be determined, CLPS expects to maintain a significant voting and economic interest post-IPO.
CLPS Incorporation ha annunciato che la sua controllata di maggioranza, JAJI Global, ha presentato richieste per un'IPO sul Nasdaq Capital Market. JAJI, specializzata in servizi IT per i settori automobilistico e delle securities, attualmente dispone di 10 milioni di azioni, con CLPS che detiene una partecipazione del 60%. Aegis Capital Corp. agir脿 come unico sottoscrittore.
Il ricavato dell'IPO finanzier脿 lo sviluppo di prodotti, attivit脿 di M&A, espansione globale e operazioni. JAJI offre consulenza IT, servizi di gestione aziendale e soluzioni IT proprietarie. Anche se il numero esatto di azioni e la fascia di prezzo devono ancora essere determinati, CLPS prevede di mantenere un significativo interesse di voto ed economico dopo l'IPO.
CLPS Incorporation anunci贸 que su filial de mayor铆a, JAJI Global, ha presentado una solicitud para una OPI en el Nasdaq Capital Market. JAJI, que se especializa en servicios de TI para las industrias automotriz y de valores, actualmente tiene 10 millones de acciones, con CLPS poseyendo una participaci贸n del 60%. Aegis Capital Corp. actuar谩 como el 煤nico suscriptor.
Los ingresos de la OPI se destinar谩n al desarrollo de productos, actividades de fusiones y adquisiciones, expansi贸n global y operaciones. JAJI ofrece consultor铆a en TI, servicios de gesti贸n empresarial y soluciones de TI propias. Aunque el n煤mero exacto de acciones y el rango de precios a煤n est谩n por determinarse, CLPS espera mantener un inter茅s significativo tanto en votos como econ贸mico tras la OPI.
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IPO 靾橃澋旮堨潃 鞝滍拡 臧滊皽, M&A 頇滊彊, 旮�搿滊矊 頇曥灔 氚� 鞖挫榿 鞛愱笀鞐� 靷毄霅� 瓴冹瀰雼堧嫟. JAJI電� IT 旎劋韺�, 牍勳雼堨姢 甏�毽� 靹滊箘鞀� 氚� 霃呾爯 IT 靻旊（靺橃潉 鞝滉车頃╇媹雼�. 鞝曧檿頃� 欤检嫕 靾橃檧 臧�瓴� 氩旍渼電� 鞎勳 瓴办爼霅橃 鞎婌晿歆�毵�, CLPS電� IPO 鞚错泟鞐愲弰 欷戩殧頃� 韴憸甓� 氚� 瓴届牅鞝� 鞚挫澋鞚� 鞙犾頃� 瓴冹溂搿� 旮半寑頃橁碃 鞛堨姷雼堧嫟.
CLPS Incorporation a annonc茅 que sa filiale majoritaire, JAJI Global, a d茅pos茅 une demande d'introduction en bourse (IPO) sur le Nasdaq Capital Market. JAJI, sp茅cialis茅e dans les services informatiques pour les secteurs automobile et des valeurs mobili猫res, d茅tient actuellement 10 millions d'actions, avec CLPS d茅tenant une participation de 60%. Aegis Capital Corp. agira en tant que seul souscripteur.
Les produits de l'IPO serviront 脿 financer le d茅veloppement de produits, les activit茅s de fusions et acquisitions, l'expansion mondiale et les op茅rations. JAJI propose des services de conseil en informatique, de gestion d'entreprise et des solutions informatiques propri茅taires. Bien que le nombre exact d'actions et la fourchette de prix restent 脿 d茅terminer, CLPS s'attend 脿 maintenir un int茅r锚t significatif en mati猫re de vote et 茅conomique apr猫s l'IPO.
CLPS Incorporation gab bekannt, dass ihre mehrheitlich gehaltene Tochtergesellschaft, JAJI Global, einen Antrag auf einen B枚rsengang (IPO) am Nasdaq Capital Market gestellt hat. JAJI, das auf IT-Dienstleistungen f眉r die Automobil- und Wertpapierbranche spezialisiert ist, hat derzeit 10 Millionen Aktien, wobei CLPS einen Anteil von 60% h盲lt. Aegis Capital Corp. wird als alleiniger Underwriter auftreten.
Die Mittel aus dem IPO werden zur Finanzierung von Produktentwicklungen, M&A-Aktivit盲ten, globaler Expansion und Betrieb verwendet. JAJI bietet IT-Beratung, Unternehmensmanagementdienste und eigene IT-L枚sungen an. Obwohl die genaue Anzahl der Aktien und die Preisrange noch festgelegt werden m眉ssen, erwartet CLPS, nach dem IPO einen signifikanten stimmberechtigten und wirtschaftlichen Einfluss zu behalten.
- CLPS currently holds 60% ownership of JAJI's 10 million shares
- CLPS will maintain significant voting and economic interest post-IPO
- IPO proceeds will fund strategic growth initiatives including M&A and expansion
- Share dilution expected for CLPS's stake in JAJI post-IPO
- Uncertain pricing and number of shares for the offering
- Registration statement not yet effective with SEC
Insights
A simpler way to understand this: Imagine CLPS as a parent company that owns most of a successful child company (JAJI). Now, they're letting the child company sell its own shares to the public while still keeping control. This could make both companies worth more money separately than they were together.
The company's business model aligns with current industry trends where specialized IT service providers are increasingly developing their own software products to create recurring revenue streams and higher margins. For the average person, think of JAJI as a tech company that both helps car companies and financial firms with their computer systems AND creates its own software products to sell to them - similar to how a contractor might both build houses for others and develop their own properties.
Following the offering, CLPS expects to hold a significant voting interest in JAJI along with a corresponding economic interest in its subsidiaries. The number of shares to be offered and the price range for the offering have not yet been determined. JAJI intends to list its common stock on The Nasdaq Capital Market.
This IPO marks a significant milestone in JAJI's development and is expected to provide strong financial support for its future expansion and technological innovation.
JAJI specializes in providing information technology (IT) services to the automotive and securities industries. With advanced technology and strong market position, JAJI has achieved significant industry accomplishments. In addition to IT and business management consulting services, as well as customized IT solutions, JAJI has developed a range of proprietary IT products. As market demand continues to grow, JAJI plans to enhance its market competitiveness through this IPO and advance its business goals.
According to the F-1, JAJI currently has a total share capital of 10,000,000 shares, of which CLPS holds
Aegis Capital Corp.,听will be acting as the sole underwriter and book-runner for the proposed offering.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release is being made pursuant to, and in accordance with, Rule 134 under the Securities Act of 1933, as amended (the "Securities Act"), and shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any Internal state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act.
Mr. Raymond Lin, Chief Executive Officer of CLPS, stated, "We are immensely proud of JAJI as it embarks on its journey to the Nasdaq market. We are confident that listing on Nasdaq will unlock JAJI's full potential for technological innovation and market expansion, delivering significant value to our shareholders."
Mr. Bryan Lam, Chief Executive Officer of JAJI, expressed, "We are thrilled about JAJI's IPO. This is not only an important milestone in our growth but also an opportunity to share the benefits of our success with investors. By going public, we will be able to strengthen our market position, attract top talents, and propel our long-term strategic goals forward."
About CLPS Incorporation
Headquartered in
Forward-Looking Statements
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to the Company's beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance. Known and unknown risks, uncertainties and other factors, which may be beyond the Company's control, may cause the actual results and performance of the Company to be materially different from such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company's expectations of the Company's future growth, performance and results of operations, the Company's ability to capitalize on various commercial, M&A, technology and other related opportunities and initiatives, as well as the risks and uncertainties described in the Company's most recently filed SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at . We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.
Contact:
CLPS Incorporation
Rhon Galicha
Investor Relations Office
Phone: +86-182-2192-5378
Email:听ir@clpsglobal.com
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SOURCE CLPS
FAQ
What percentage of JAJI does CLPS (CLPS) currently own?
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