Infobird Co., Ltd

Infobird Co., Ltd (IFBD) priced its initial public offering on Apr 20, 2021 at $4.00 per share, raising $25M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $101M. K&L Gates, Campbells and Fangda Partners advised the company and Sheppard Mullin advised the underwriters.

Infobird Co., Ltd provides software-as-a-service for AI-powered customer engagement in China, helping corporate clients manage customer interactions from pre-sales and sales through post-sales support. It also offers cloud-based sales force management software, including intelligent quality inspection and training tools for agents.

Status

IPO

Ticker

IFBD

Exchange

Nasdaq Capital Market

Priced

Apr 20, 2021

IPO price

$4.00

Raised

$25M

Market cap at IPO price

$101M

First filed

Dec 9, 2020

Company counsel

K&L Gates, Campbells and Fangda Partners

Underwriters' counsel

Sheppard Mullin

Sector

Technology

Country / state

Hong Kong

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.