Elite Express Holding closes $15.2M IPO; 3.8M shares at $4.00 on Nasdaq

Elite Express Holding Inc.

Gross proceeds of approximately $15.2 million from sale of 3.8M Class A shares at $4.00 per share.
Net proceeds to company approximately $13.7 million after underwriting discounts and offering expenses.
Underwriters granted 45-day option to purchase up to an additional 570,000 shares.
Shares began trading on Nasdaq Capital Market on August 21, 2025 under ticker ETS.
Underwriting led by Dominari Securities LLC with Revere Securities as co-underwriter.

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