By Colin Kellaher
Digital-media-advertising company QMMM Holdings has filed with the U.S. Securities and Exchange Commission for an initial public offering of 960,000 shares with an expected price of $5 each.
The Hong Kong-based company said an offering at that price would yield net proceeds of about $2.74 million, or roughly $3.4 million if the underwriter exercises an option to buy an additional 144,000 shares.
QMMM said it has applied to list its shares on the Nasdaq Capital Market under the symbol QMMM.
Write to Colin Kellaher at [email protected]
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