PowerBridge Technologies Co., Ltd.’s $8.75 Million Initial Public Offering


Hunter Taubman Fischer & Li LLC acted as U.S. legal counsel to the Company; Ellenoff Grossman & Schole LLP acted as legal counsel to the underwriters in connection with the IPO.

Powerbridge Technologies Co., Ltd., a global trade software application and technology services provider, today announced the pricing of its initial public offering of its 1,750,000 ordinary shares, par value US$0.00166667 per share (the “Shares”), at an offering price of $5.0 per share, for gross proceeds of US$8,750,000. The Shares are expected to begin trading on the NASDAQ Capital Market on April 2, 2019, under the symbol PBTS.

The Benchmark Company, LLC and Maxim Group LLC are acting as joint book running managers for the Offering while TriPoint Global Equities, LLC is the financial advisor to the Company.

Hunter Taubman Fischer & Li LLC acted as U.S. legal counsel to the Company with a team including Louis Taubman (Picture) and Arila Zhou.

Involved fees earner: Louis Taubman – Hunter Taubman Fischer & Li LLC; Arila Zhou – Hunter Taubman Fischer & Li LLC;

Law Firms: Hunter Taubman Fischer & Li LLC;

Clients: Powerbridge Technologies Co., Ltd.;