Lucosky Brookman LLP Serves as Special NASDAQ Counsel to U Power in Connection with Successful IPO
Lucosky Brookman LLP is proud to announce its role as Special NASDAQ Counsel to U Power Limited ("U Power" or the "Company"), a company focused on commercializing battery swapping and compatible electric vehicles, in pricing of its initial public offering of 2,500,000 shares of its common stock at a public offering price of $7.00 per share for a total of $17,500,000 of gross proceeds to the Company.
U Power Shares opened for trade at $8.10 per share, indicating strong investor interest in the company’s potential.
Lucosky Brookman LLP provided strategic and legal guidance to U Power, enabling the company to achieve success in the IPO. The firm's seasoned securities lawyers have in-depth knowledge and experience in dealing with the legal and regulatory requirements associated with going public. They worked closely with U Power throughout the IPO process to help the company meet NASDAQ's stringent listing standards and compliance requirements, which were vital to the success of the offering.
Lucosky Brookman LLP congratulates U Power on its successful IPO and looks forward to continuing its work with the company in achieving its strategic goals. The firm's seasoned securities lawyers are committed to providing clients with strategic and legal guidance to navigate the complexities of the capital markets. They have the experience and knowledge necessary to provide clients with tailored solutions that meet their unique business objectives.