Planet Image International Ltd

Planet Image International Ltd (YIBO) priced its initial public offering on Jan 26, 2024 at $4.00 per share, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $110.3M. US Tiger was lead-left underwriter. Hunter Taubman Fischer & Li, Conyers Dill & Pearman and JunHe advised the company and VCL Law and Zhong Lun advised the underwriters.

Planet Image International Ltd is an export-oriented manufacturer and seller of compatible toner cartridges, based in China, the U.S. and Europe. It reports being the world's largest compatible cartridge maker, with about 11.3% of global retail value in 2022.

Status

IPO

Ticker

YIBO

Exchange

Nasdaq Capital Market

Priced

Jan 26, 2024

IPO price

$4.00

Market cap at IPO price

$110.3M

First filed

Mar 16, 2022

Underwriters

US Tiger

Company counsel

Hunter Taubman Fischer & Li, Conyers Dill & Pearman and JunHe

Underwriters' counsel

VCL Law and Zhong Lun

Sector

Technology

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