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Hongli Group opened at $4.40, IPO priced at $4.00 per share

Hongli Group (HLP) priced 2.06M shares at $4.00, at the low end of the $4.00-$6.00 range, and opened earlier at $4.40 per share. EF Hutton is acting as sole book running manager for the offering.

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Published first on TheFly

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