Smart Logistics Global (SLGB) priced its small IPO at $5.00 – the low end of its range – and sold 1 million shares – to raise $5 million on Tuesday night, Oct. 14, 2025. Shares of Smart Logistics Global (SLGB) opened higher – at $5.40 – in their NASDAQ debut at 10:45 a.m. EDT today – Wednesday, Oct. 15, 2025. Volume on the opening trade: 252,928 shares.
Craft Capital Management and Revere Securities acted as joint book-runners for the IPO.
Smart Logistics Global’s operating subsidiary in China runs a business-to-business logistics provider, focused on the transportation of industrial raw materials.
The company is profitable. Smart Logistics Global reported net income of $1.19 million on revenue of $92.92 million for the 12 months that ended Dec. 31, 2024, the prospectus said.