Blue-Touch Holdings Group, a Chinese maker of baby skincare products, toiletries, and cleaning products, withdrew its plans for an initial public offering on Friday. It had filed in March 2024 to raise $10 million by offering 2 million shares at a price range of $4 to $6.
The Fuzhou, China-based company was founded in 2014 and booked $12 million in revenue for the 12 months ended December 31, 2024. It had planned to list on the Nasdaq under the symbol BBCH. AC Sunshine Securities was set to be the sole bookrunner on the deal.
