NEW
YORK, March 7, 2024 /PRNewswire/ --
Lucas GC Limited (NASDAQ: LGCL) (the "Company" or "Lucas"), an
artificial intelligence (AI) technology-driven online agent-centric
human capital management service provider focused initially on
targeting professionals based on Platform-as-a-Service, or PaaS, in
the human resources industry, today announced the closing of its
initial public offering (the "Offering") of 1,500,000 ordinary
shares (the "Ordinary Shares") at a public offering price of
$4.00 per share for total gross
proceeds of $6,000,000, before
deducting underwriting discounts and offering expenses.
In addition, the Company has granted to the underwriter an
option, exercisable for 45 days from the date of the final
prospectus, to purchase up to an aggregate of an additional 225,000
Ordinary Shares at the initial public offering price, less
underwriting discounts.
Joseph Gunnar & Co., LLC
acted as the sole book-running manager for the Offering.
Registration statements related to these securities have been
filed with, and declared effective by, the United States Securities
and Exchange Commission. This press release shall not constitute an
offer to sell or a solicitation of an offer to buy, nor shall there
be any sale of these securities in any state or jurisdiction in
which such an offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any
such state or jurisdiction.
This offering is being made only by means of a prospectus
forming part of the effective registration statements. The final
prospectus relating to the offering was filed with the SEC and is
available on the SEC's website located at www.sec.gov. Copies of
the final prospectus may be obtained from Joseph Gunnar & Co., LLC, 40 Wall Street,
30th Floor, New York, NY
10005, Attn: Syndicate Department, by phone (212) 440-9600.
About Lucas GC Limited
Lucas GC Limited is the largest AI technology-driven online
agent-centric human capital management service provider targeting
professionals based on PaaS in China in terms of the number of active users
in the human resources industry as of June
30, 2022 and total net revenues for the year ended
December 31, 2021. As a company
empowered by artificial intelligence, data analytics, and
blockchain technologies, Lucas is committed to digitalizing and
intellectualizing the entire human capital management process.
Lucas provides a platform to support trusted private social
networks of professionals, through which it provides services
consisting of recruitment services, outsourcing services, and other
services such as information technology services and training
services. The Company's users are primarily professionals who work
in human resources related functions. The Company's corporate
customers are corporations with recruitment, training, sales leads
generation and outsourcing demands.
For more information, please visit:
https://www.lucasgchr.com/
Forward-Looking Statements
Certain statements in this announcement are forward-looking
statements. These forward-looking statements involve known and
unknown risks and uncertainties and are based on the Company's
current expectations and projections about future events that the
Company believes may affect its financial condition, results of
operations, business strategy and financial needs. These
forward-looking statements are also based on assumptions regarding
the Company's present and future business strategies and the
environment in which the Company will operate in the future.
Investors can find many (but not all) of these statements by the
use of words such as "may," "will," "expect," "anticipate," "aim,"
"estimate," "intend," "plan," "believe," "likely to" or other
similar expressions. The Company undertakes no obligation to update
or revise publicly any forward-looking statements to reflect
subsequent occurring events or circumstances, or changes in its
expectations, except as may be required by law. Although the
Company believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you
that such expectations will turn out to be correct, and the Company
cautions investors that actual results may differ materially from
the anticipated results and encourages investors to review other
factors that may affect its future results in the Company's
registration statement and other filings with the SEC.
Contact
For investor and media inquiries, please contact:
ir@lucasgc.com
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SOURCE Lucas GC Limited