QMMM Holdings Ltd

QMMM Holdings Ltd priced its initial public offering on Jul 22, 2024 at $4.00 per share, raising $8.6M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $68.6M. WallachBeth Capital was lead-left underwriter. FisherBroyles, Travers Thorp Alberga and Guangdong Wesley Law Firm advised the company and Sichenzia Ross Ference Carmel advised the underwriters.

QMMM Holdings Ltd is a Cayman Islands holding company whose Hong Kong subsidiaries, ManyMany Creations and Quantum Matrix, provide digital advertising and marketing production using interactive design, animation, art-tech and virtual technologies, with over 500 commercial campaigns for banks, developers and luxury brands.

Status

IPO

Exchange

Nasdaq Capital Market

Priced

Jul 22, 2024

IPO price

$4.00

Raised

$8.6M

Market cap at IPO price

$68.6M

First filed

Oct 6, 2023

Underwriters

WallachBeth Capital

Company counsel

FisherBroyles, Travers Thorp Alberga and Guangdong Wesley Law Firm

Underwriters' counsel

Sichenzia Ross Ference Carmel

Sector

Business services

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