WENZHOU, China, Dec. 23, 2016 / PRNewswire/ -- Hebron Technology Co., Ltd. ("Hebron" or the "Company"), a developer, manufacturer and installer of valves and pipe fittings for use in the pharmaceutical, biological, food and beverage, and other clean industries, today announced the pricing of its initial public offering ("IPO") of 2,695,442 common shares at a price of $4.00 per share. Hebron's common shares are expected to begin trading on the NASDAQ Capital Market on December 27, 2016 under the ticker symbol "HEBT".
Spartan Securities Group, Ltd. acted as sole placement agent for the offering.
Hebron's registration statement relating to the IPO has been filed with, and declared effective by, the United States Securities and Exchange Commission ("SEC"). This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The Offering of the securities is made only by means of a prospectus. A copy of the prospectus relating to the offering may be obtained by contacting Spartan Securities Group, Ltd., 15500 Roosevelt Blvd, Suite 303, Clearwater, Florida 33760. For English inquiries, use attention: Micah Eldred, CEO or email email@example.com or by calling +1 (727)-502-0508; for Chinese inquiries, use attention: Jin Long Liu or email firstname.lastname@example.org.
About Hebron Technology Co., Ltd.
Established in January 2005 and headquartered in Wenzhou City, Zhejiang Province, China, Hebron Technology Co., Ltd. ("Hebron" or the "Company") engages in research, development, and manufacture of highly specialized valves and pipe fitting products for use in the pharmaceutical, biological, food and beverage, and other clean industries. The Company also offers its customers comprehensive pipeline design, installation, construction, and ongoing maintenance services as holistic solution services.
This press release contains information about Hebron's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Hebron encourages you to review other factors that may affect its future results in Hebron's registration statement and in its other filings with the Securities and Exchange Commission.
For more information, please contact:
At the Company
Yingping Chen, Secretary
Tony Tian, CFA
Weitian Group LLC
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SOURCE Hebron Technology Co., Ltd.