FVTI News

Fortune Valley Treasures, a distributor of alcohol and other food and beverage products in China, lowered the proposed deal size for its upcoming IPO on Tuesday. The Dongguan, China-based company now plans to raise $6 million by offering 1.5 million shares at $4. The company had most recently filed to offer 3.8 million shares at the same price; it originally planned to offer 6.3...read more

Fortune Valley Treasures, a distributor of alcohol and other food and beverage products in China, lowered the proposed deal size for its Nasdaq uplisting on Friday. The Dongguan, China-based company now plans to raise $15 million by offering 3.8 million shares at $4. The company had previously filed to offer 6.3 million shares at the same price. At the revised terms, Fortune Valley...read more

US markets have been virtually closed to Chinese issuers for several months, but that hasn’t stopped small-cap IPO hopefuls from filing.

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Fortune Valley Treasures, a food and beverage supply chain company in China, filed on Thursday with the SEC to raise up to $25 million in an initial public offering. The company is currently listed on the OTC (FVTI). Fortune Valley is a food and beverage supply chain company based in China, whose products are recognized among consumer groups in the Pearl River Delta region. The...read more