IPO - Jayud Global Logistics Ltd

Form Type: 424B5

Filing Date: 2025-07-17

Corporate Action: Ipo

Type: New

Accession Number: 000121390025065056

Filing Summary: Jayud Global Logistics Ltd is offering 42,857,143 Class A ordinary shares at a price of $0.14 per share pursuant to a prospectus supplement and purchase agreement dated July 16, 2025. The securities are listed on NASDAQ under the symbol “JYD,” where the closing price was $0.18 on July 15, 2025. The offering aims to raise approximately $6,000,000, with placement agent fees totaling $240,000. Jayud is classified as an 'emerging growth company' subject to reduced reporting requirements and is recognized as a 'controlled company' with more than 50% voting power held by its CEO, Mr. Xiaogang Geng. The prospectus also emphasizes the risks associated with operating as an offshore holding company, subject to Chinese regulatory influences, and the recent developments in Chinese regulations that may impact the offering and operations. Future offerings may need to comply with both CSRC filing requirements and Confidentiality Provisions. There are significant concerns regarding compliance and the possibility of Chinese government oversight affecting the company's financials and market operations.