QMMM Holdings Limited Announces Closing of $8.6 Million Initial Public Offering
QMMM Holdings Limited - Ordinary Shares (QMMM)
Company Research
Source: PR Newswire
HONG KONG, July 22, 2024 /PRNewswire/ -- QMMM Holdings Limited (Nasdaq: QMMM) (the "Company" or "QMMM Holdings"), a digital media advertising, virtual avatar & virtual apparel technology service provider in Hong Kong, today announced the closing of its initial public offering (the "Offering") of 2,150,000 ordinary shares at a price of $4.00 per share. QMMM Holdings has granted the underwriter a 45-day option to purchase up to an additional 322,500 ordinary shares at the public offering price, less the underwriting discounts. The aggregate gross proceeds from the Offering were $8.6 million, before deducting underwriting discounts and other related expenses. The ordinary shares began trading on The Nasdaq Capital Market on July 19, 2024 under the ticker symbol "QMMM".The Offering was conducted on a firm commitment basis. WallachBeth Capital, LLC acted as lead underwriter for the Offering. FisherBroyles, LLP is acting as U.S. securities counsel to the Company, and Sichenzia Ross Feren
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QMMM
Sec Filings
- 9/16/24 - Form 424B3
- 9/16/24 - Form EFFECT
- 9/11/24 - Form F-1/A
- QMMM's page on the SEC website