Wing Yip Food opens at $4.00, IPO priced at $4.00

Wing Yip Food (WYHG), a meat product processing company through its operating subsidiaries in mainland China, priced its initial public offering of 2.050M American depositary shares at a public offering price of $4.00 per ADS. The ADSs are listed on the Nasdaq under the ticker symbol “WYHG.” Dawson James Securities and D. Boral Capital are acting as the underwriters for the offering.