 Shanghai, China, March 25, 2021 GLOBE NEWSWIRE -- Jowell Global Ltd. JWEL or the Company NASDAQ: JWEL, a company which operates one of Chinas leading cosmetics, health and nutritional supplements and household products e-commerce platforms - Juhao Mall, today announced that Network 1 Financial Securities, Inc., as representative of the underwriters of the Companys firm commitment initial public offering IPO, has exercised the full over-allotment option to purchase an additional 557,143 ordinary shares at the IPO price of 7.00 per share. As a result, the Company has raised gross proceeds of approximately 3.9 million, in addition to the previously announced IPO gross proceeds of approximately 26 million, before underwriting discounts and offering expenses. 