VS MEDIA Holdings Ltd

VS MEDIA Holdings Ltd (VSME) priced its initial public offering on Sep 29, 2023 at $5.00 per share, raising $10M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $110M. China was lead-left underwriter. Maples and Calder, Sichenzia Ross Ference Carmel and Harry Elias Partnership advised the company and Ortoli Rosenstadt advised the underwriters.

VS MEDIA Holdings Ltd is a British Virgin Islands holding company operating in Hong Kong and Taiwan. Founded in 2013, it manages a global network of digital creators who publish content, and earns revenue from marketing services for brands such as affiliate marketing, product placement and sponsorship deals.

Status

IPO

Ticker

VSME

Exchange

Nasdaq Capital Market

Priced

Sep 29, 2023

IPO price

$5.00

Raised

$10M

Market cap at IPO price

$110M

First filed

Aug 11, 2023

Underwriters

China

Company counsel

Maples and Calder, Sichenzia Ross Ference Carmel and Harry Elias Partnership

Underwriters' counsel

Ortoli Rosenstadt

Sector

Business services

Country / state

Hong Kong

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