Chinese chemicals maker Qilian International prices US IPO at $5 low end

Qilian International Holding, a Chinese producer of traditional medicines, chemicals, and fertilizers, raised $25 million by offering 5 million shares at $5, the low end of the range of $5 to $7. The company had previously planned to offer 4 million shares at the same range befor

source https://www.nasdaq.com/articles/chinese-chemicals-maker-qilian-international-prices-us-ipo-at-%245-low-end-2021-01-12