Skyline Builders Group (SKBL) said Thursday it has priced its initial public offering of 1.5 million Class A ordinary shares at $4 apiece for gross proceeds of about $6 million.

The shares will likely start trading on the Nasdaq on Jan. 23, the company said.

Skyline Builders Group also said it will use the proceeds to hire more staff, and for other general corporate purposes, among other uses.