March 30, 2023
YanGuFang International Group Co., Ltd., a Cayman Islands exempted company, announced today the closing of its initial public offering and the sale of 2,000,000 ordinary shares, at a purchase price of $4.00 per share, for aggregate gross proceeds of approximately $8,000,000.
EF Hutton, division of Benchmark Investments, LLC acted as the representative of the underwriters of the offering. Hunter Taubman Fischer & Li LLC acted as U.S. securities counsel to EF Hutton, division of Benchmark Investments, LLC.
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