Sentage Holdings Inc.

Sentage Holdings Inc. (SNTG) priced its initial public offering on Jul 12, 2021 at $5.00 per share, within its $5.00–$6.00 range, raising $20M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $70M. Hunter Taubman Fischer & Li, Ogier and Grandall advised the company and Loeb & Loeb and Allbright Law Offices advised the underwriters.

Sentage Holdings Inc. is a financial service provider in China. It offers consumer loan repayment and collection management, loan recommendation, and prepaid payment network services, drawing on proprietary technology and valuation models to serve its clients.

Status

IPO

Ticker

SNTG

Exchange

Nasdaq Capital Market

Priced

Jul 12, 2021

IPO price

$5.00

Price range

$5.00–$6.00

Raised

$20M

Market cap at IPO price

$70M

First filed

Mar 22, 2021

Company counsel

Hunter Taubman Fischer & Li, Ogier and Grandall

Underwriters' counsel

Loeb & Loeb and Allbright Law Offices

Sector

Financials

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.