BEIJING, Feb. 9, 2021 /PRNewswire/ -- Global Internet of
People, Inc. ("SDH" or the "Company") (NASDAQ: SDH), an operator of
a knowledge sharing and enterprise service platform via mobile
application and through local centers in China, today announced the pricing of its
initial public offering of 6,720,000, ordinary shares at a public
offering price of $4.00 per ordinary
share, for total gross proceeds of $26,880,000 before deducting underwriting
discounts and commissions and offering expenses. The offering is
being conducted on a firm commitment basis. The ordinary shares
have been approved for listing on The Nasdaq Capital Market and are
expected to commence trading on NASDAQ between 12:15 PM and 12:30 PM, February 9, 2021, under the ticker symbol
"SDH."
The Company has granted the underwriters an option, exercisable
within 45 days from the date of the underwriting agreement, to
purchase up to an additional 1,008,000 shares at the public
offering price, less underwriting discounts, and commissions.
The offering is expected to close on February 11, 2021, subject to customary closing
conditions.
ViewTrade Securities, Inc., a global provider of brokerage,
investment banking, corporate /advisory and trading platform
services, acted as sole book-running manager for the offering,
National Securities Corporation acted as Co-Underwriter.
Hunter Taubman Fischer & Li
LLC is acting as counsel to the Company. Ellenoff Grossman &
Schole LLP is acting as counsel to the underwriters with respect to
this offering.
Registration statements on Form F-1 (File Nos. 333-233745 and
333-252879) relating to the offering were filed with the Securities
and Exchange Commission ("SEC") and were declared effective by the
SEC on February 5, 2021 and
February 9, 2021, respectively. The
offering is being made only by means of a prospectus, forming a
part of the registration statement. Copies of the prospectus
related to the offering are available, via the SEC's website
at www.sec.gov ,from ViewTrade Securities, Inc. by email at
IB@viewtrade.com. Or via standard mail to ViewTrade Securities,
Inc. 7280 W. Palmetto Park Road, Suite 310, Boca Raton, Florida 33433.
Before you invest, you should read the final prospectus and
other documents the Company has filed or will file with the SEC for
more complete information about the Company and the offering. This
press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities described herein,
nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation, or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About Global Internet of People, Inc.
Headquartered in Beijing and
Shanghai, Global Internet of
People, Inc. operates an online knowledge sharing and enterprise
service platform, both online, via a mobile application "Shidonghui
App" (the "APP"), and offline, through local offices in
Beijing, Shanghai and Hangzhou, as well as 51 local centers operated
by some of the Company's members in 35 cities throughout the PRC.
The main services SDH offers to App users are (1) Questions and
Answers Sessions and (2) streaming of audio and video courses and
programs. The offline services SDH offers to its members are study
tours and forums. For more information about the Company, please
visit: www.sdh365.com.
For more information, please contact:
The Company:
IR Department
Email: IR@sdh365.com
Investor Relations:
Janice Wang
EverGreen Consulting Inc.
Email: IR@changqingconsulting.com
Phone: +1-908-510-2351 (from U.S.)
+86 13811768559 (from China)
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SOURCE GLOBAL INTERNET OF PEOPLE, INC.