ECMOHO Limited (MOHO) Announces Proposed Public Offering; Size not Disclosed
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ECMOHO Limited Announces Proposed Underwritten Public Offering of American Depositary Shares
July 30, 2021 8:02 PM EDTSHANGHAI, China, July 30, 2021 (GLOBE NEWSWIRE) -- ECMOHO Limited (Nasdaq: MOHO) (ECMOHO or the Company), a leading integrated solutions provider in the health and wellness market in China, today announced that it intends to offer American depositary shares, or ADSs, each representing four of its Class A ordinary shares, for sale in an underwritten public offering. The Company intends to use the net proceeds from this offering for general corporate and working capital needs. The offering is subject to market conditions, and there can be no assurance as to whether or... More
