Jiade opens at $4.80, IPO priced at $4 per share

Jiade, which says it specializes in “providing one-stop comprehensive education supporting services to adult education institutions,” primarily offered through the Kebiao Technology Educational Administration Platform, priced its initial public offering of 2M ordinary shares at a public offering price of $4.00 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and commenced trading under the ticker symbol “JDZG.” WestPark Capital is acting as sole book running manager for the offering.