WestPark Capital, Inc.,finished a WRASP transaction resulted in raising a total of $13.6 million for Chinese LED lighting manufacturer, known as China Intelligent Lighting and Electronics.

A WRASP is an alternative capital markets transaction process where a private company goes public through a reverse merger, with its common stock trading directly on the NYSE Amex or another senior exchange. China Intelligent Lighting and Electronics gained a listing on the NYSE Amex.

Under the revolutionary financing process, WestPark Capital helped China Intelligent Lighting and Electronics become a publicly traded company in the U.S.