Huajian Data Ltd

DRS filed

Huajian Data Ltd is conducting an initial public offering (IPO) to raise capital, with the offering price set at $4.00 per ordinary share. The company plans to list on Nasdaq under the symbol 'HJKD' and intends to use proceeds for distribution channel development, branding, and operational improvements. As a controlled company, it is exempt from certain Nasdaq corporate governance requirements, including independent director mandates. The filing also outlines lock-up agreements for insiders and highlights risks related to growth management, intellectual property, pandemic impacts, and capital needs.