Meiwu Technology Co Ltd

Meiwu Technology Co Ltd (WNW) priced its initial public offering on Dec 15, 2020 at $5.00 per share, raising $30M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $125M. Harneys, Sichenzia Ross Ference Carmel and China Commercial Law Firm advised the company and Ortoli Rosenstadt advised the underwriters.

Meiwu Technology Co Ltd is a British Virgin Islands company that operates an online and mobile commerce business in China through its variable interest entity, Wunong Technology (Shenzhen). It sells food products from outside suppliers through its website and does not grow or manufacture them.

Status

IPO

Ticker

WNW

Exchange

Nasdaq Capital Market

Priced

Dec 15, 2020

IPO price

$5.00

Raised

$30M

Market cap at IPO price

$125M

First filed

Sep 17, 2020

Company counsel

Harneys, Sichenzia Ross Ference Carmel and China Commercial Law Firm

Underwriters' counsel

Ortoli Rosenstadt

Sector

Industrials & materials

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