JINING, China, July 17, 2018 /PRNewswire/ — China YCT International Group, Inc. (CYIG) (the “Company”) today appear that it has filed a allotment account on Form S-1 with the U.S. Balance and Exchange Commission (“SEC”) apropos to a proposed accessible alms of shares of its accustomed stock, par amount $0.001 per share, for gross gain of $7,500,000, excluding the gain from the auction of added shares of accustomed banal to awning over-allotments, if any. The cardinal of shares to be offered and the amount ambit for the proposed alms accept not yet been determined. China YCT International Group, Inc. has activated to account its accustomed banal on The Nasdaq Capital Market.
Maxim Group LLC will act as the sole book-running administrator for the proposed offering.
A allotment account apropos to these balance has been filed with the SEC, but has not yet become effective. These balance may not be sold, nor may offers to buy be accepted, above-mentioned to the time the allotment account becomes effective. The proposed alms will be fabricated alone by agency of a prospectus
This columnist absolution shall not aggregate an action to advertise or the address of an action to buy, nor shall there be any auction of these balance in any accompaniment or administration in which such offer, address or auction would be actionable above-mentioned to allotment or accomplishment beneath the balance laws of any such accompaniment or jurisdiction.
About China YCT International Group, Inc.
Based in Sishui County, Shandong Province and founded in January 1989, China YCT International Group, Inc., through its subsidiaries, engages in the business of (i) distributing bloom affliction supplement articles bogus by Shandong Yongchuntang Group Co., Ltd. in the PRC, (ii) developing, manufacturing, and affairs Huoliyuan capsules, a decree medicine, (iii) developing acer truncatum bunge burying bases, and accomplishment and affairs acer truncatum bunge berry oil in the PRC. Acer truncatum bunge plants are a breed of maple tree. For added advice about the Company, amuse appointment http://zgyct.yongchuntang.com.
This account absolution contains advanced statements as authentic by the Private Balance Litigation Reform Act of 1995. Advanced statements accommodate statements apropos plans, objectives, goals, strategies, approaching contest or performance, and basal assumptions and added statements that are added than statements of actual facts. These statements are accountable to uncertainties and risks including, but not bound to, artefact and account appeal and acceptance, changes in technology, bread-and-er conditions, the appulse of antagonism and pricing, government regulations, and added risks independent in letters filed by the aggregation with the Balance and Exchange Commission. All such advanced statements, whether accounting or oral, and whether fabricated by or on account of the Company, are especially able by this cautionary account and any added cautionary statements which may accompany the advanced statements. In addition, the Aggregation disclaims any obligation to amend any advanced statements to reflect contest or affairs afterwards the date hereof.
For added information, amuse contact:
At the Company:
Zecheng Shao, Vice PresidentPhone: 86-156-5377-2006Email: [email protected]
Tony Tian, CFAWeitian Group LLCPhone: 1-732-910-9692Email: [email protected]
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