Core Viewpoint - Linkhome Holdings Inc. has announced the pricing of its upsized initial public offering, aiming to raise $6 million through the sale of 1,500,000 shares at $4 per share, with trading expected to commence on July 24, 2025 under the ticker symbol "LHAI" [1][4]. Group 1: Offering Details - The offering consists of 1,500,000 shares priced at $4 each, totaling gross proceeds of $6 million before expenses [1]. - Underwriters have an option to purchase an additional 225,000 shares within 45 days to cover over-allotments [1]. - USTiger Securities, Inc. is the sole book-runner for the offering, with legal counsel provided by Winston & Strawn LLP and VCL Law LLP [2]. Group 2: Use of Proceeds - The net proceeds from the offering will primarily be used to enhance marketing initiatives, advance the HomeGPT AI platform, support the rollout of the Cash Offer product, finance capital expenditures, expand research and development, and for general corporate purposes [3]. Group 3: Company Overview - Linkhome is an AI-driven real estate platform that aims to simplify homeownership through its HomeGPT model and integrated fintech solutions [6]. - The platform offers services including property management, home renovation, and mortgage referrals, creating a comprehensive real estate solution [7]. - Since its inception in 2021, Linkhome has facilitated over $185 million in gross transaction value, with $48 million in brokerage volume completed in 2024 [8].
Linkhome Holdings Inc. Announces Pricing of Upsized $6,000,000 Initial Public Offering
Globenewswireยท2025-07-24 04:25