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QMMM Holdings increases the size of its planned IPO

Published: December 1, 2023 at 6:16 pm ET

By Stephen Nacrose

QMMM Holdings said Friday it would increase the size of its planned initial public offering to 1.6 million shares from 960,000 shares.

The company said the offering would continue to be priced at $5 per share.

The…

By Stephen Nacrose

QMMM Holdings said Friday it would increase the size of its planned initial public offering to 1.6 million shares from 960,000 shares.

The company said the offering would continue to be priced at $5 per share.

The Cayman Islands holding company said it offers digital media advertising, virtual avatar and virtual apparel technology services through subsidiaries in Hong Kong.

The company also said it expects to trade on Nasdaq under the symbol QMMM.

Write to Stephen Nakrosis at [email protected]

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