Pop Culture Group Co., Ltd

Pop Culture Group Co., Ltd (CPOP) priced its initial public offering on Jul 1, 2021 at $6.00 per share, within its $4.00–$6.00 range, raising $37.2M, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $108.5M. Hunter Taubman Fischer & Li and Ogier advised the company and VCL Law and Allbright Law Offices advised the underwriters.

Pop Culture Group Co., Ltd hosts hip-hop entertainment events and operates hip-hop related online programs for a younger audience. It also provides event planning, execution and marketing services to corporate clients, and promotes cultural exchange between the United States and China.

Status

IPO

Ticker

CPOP

Exchange

Nasdaq Global Market

Priced

Jul 1, 2021

IPO price

$6.00

Price range

$4.00–$6.00

Raised

$37.2M

Market cap at IPO price

$108.5M

First filed

Mar 2, 2021

Company counsel

Hunter Taubman Fischer & Li and Ogier

Underwriters' counsel

VCL Law and Allbright Law Offices

Sector

Consumer

Country / state

China

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