FF Global Holdings files for initial public offering on Nasdaq
FF Global Holdings Ltd filed for an initial public offering on Thursday, seeking to sell 5 million Class A ordinary shares on the Nasdaq Capital Market under the ticker symbol "FFGG."
The company anticipates pricing the shares between $4.00 and $6.00 per share, according to the filing. The Class A ordinary shares carry a par value of $0.00001 per share and are being offered on a firm commitment basis.
No public market currently exists for FF Global Holdings' Class A ordinary shares. The offering is contingent upon the company successfully listing its shares on the Nasdaq Capital Market, and the company stated it will not proceed with the offering unless the listing is approved.
Blue Diamond Securities of America serves as the underwriter for the offering. The company indicated it intends to apply for listing on the Nasdaq Capital Market, though no assurance exists that the application will be successful.
The information is based on the company's prospectus filing.
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