MDB Capital Holdings, LLC

MDB Capital Holdings, LLC (MDBH) priced its initial public offering on Jul 26, 2023 at $12.00 per share, raising $20M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $111.5M. Golenbock Eiseman Assor Bell & Peskoe and Seyfarth Shaw advised the company.

MDB Capital Holdings, LLC was founded in 1997 and works with visionary technology companies, inventors and entrepreneurs. It typically partners with a company at an early stage, often acting as a founder and providing initial capital and locating the underlying technology.

Status

IPO

Ticker

MDBH

Exchange

Nasdaq Capital Market

Priced

Jul 26, 2023

IPO price

$12.00

Raised

$20M

Market cap at IPO price

$111.5M

First filed

Nov 10, 2022

Company counsel

Golenbock Eiseman Assor Bell & Peskoe and Seyfarth Shaw

Sector

Financials

Country / state

TX

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