Luda Technology Group Withdraws IPO

Dow Jones

2024-12-07

By Sabela Ojea

Luda Technology Group has requested to withdraw its initial public offering, according to a Securities and Exchange Commission filing.

The manufacturer and trader of stainless steel and carbon steel flanges and fittings products filed for an IPO on March 4 and applied to list its shares on the New York Stock Exchange American under the symbol LUD.

The company had said it was offering 2.5 million shares of Luda Cayman, the Cayman Island entity that would issue the stock. The initial public offering price was expected to be between $3 to $4 per share.

Write to Sabela Ojea at sabela.ojea@wsj.com

(END) Dow Jones Newswires

December 06, 2024 18:43 ET (23:43 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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