Callan JMB Inc.

Callan JMB Inc. (CJMB) priced its initial public offering on Feb 6, 2025 at $4.00 per share, within its $4.00–$6.00 range, raising $5.1M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $17.1M. Sichenzia Ross Ference Carmel advised the company and Sullivan & Worcester advised the underwriters.

Callan JMB is a vertically integrated logistics and fulfillment company providing thermal management logistics to the life sciences industry, combining proprietary packaging, information technology and specialized cold chain expertise to protect product integrity.

Status

IPO

Ticker

CJMB

Exchange

Nasdaq Capital Market

Priced

Feb 6, 2025

IPO price

$4.00

Price range

$4.00–$6.00

Raised

$5.1M

Market cap at IPO price

$17.1M

First filed

Oct 29, 2024

Company counsel

Sichenzia Ross Ference Carmel

Underwriters' counsel

Sullivan & Worcester

Sector

Business services

Country / state

TX

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.