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CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced that its majority-owned subsidiary, JAJI Global Incorporation ("JAJI"), has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of JAJI's ordinary shares.
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.
Posted In: CLPS
