Golden Sun Education Group’s $20.24 Million Initial Public Offering

Sichenzia Ross Ference represented Network 1 Financial Securities, Inc. as sole underwriter in the offering.

Golden Sun Education Group Ltd. (NASDAQ: GSUN), a provider of tutorial services in China, executed its initial public offering of the common stock. 

The offering consisted of 5,060,000 Class A ordinary shares of its common stock at a public offering price of $4.00 per share, which included 660,000 Class A ordinary shares issued pursuant to the full exercise of the underwriter’s over-allotment option, for gross proceeds of $20,240,000.

The Sichenzia Ross Ference LLP team was led by partners David Manno (Picture), Huan Lou, and associate Mayank Pradhan.

Involved fees earner: Huan Lou – Sichenzia Ross Ference; David Manno – Sichenzia Ross Ference; Mayank Pradhan – Sichenzia Ross Ference;

Law Firms: Sichenzia Ross Ference;

Clients: Network 1 Financial Securities ;