MOHO News

Updated on 5/4/2020  Three IPOs and one SPAC are scheduled for the week ahead. Internet gambling software provider GAN Limited (GAN) plans to raise $48 million at a $224 million fully diluted market cap after ...read more

Eight small companies and four SPACs entered the public market this past week. Continuing a 4Q trend, all eight deals priced below the midpoint; the average IPO priced 11% below the midpoint, traded up 1% on its first day, and finished the...read more

ECMOHO, which operates online stores for health and wellness brands in China, raised $44 million by offering 4.4 million ADSs at $10, the low end of the range of $10 to $12, to command a market value of $342 million. ECMOHO plans to list on the Nasdaq under the symbol MOHO. UBS Investment Bank, CICC, and AMTD Global Markets acted as lead managers on the deal. ...read more

ECMOHO, an online retailer selling health and wellness products in China, announced terms for its IPO on Friday. The Shanghai, China-based company plans to raise $48 million by offering 4.4 million ADSs at a price range of $10 to $12. At the midpoint of the proposed range, ECMOHO would command a market value of $376 million and an enterprise value of $369 million. The company...read more