HONG KONG, July 18, 2024 /PRNewswire/ — QMMM Holdings Restricted (the “Company” or “QMMM”), a virtual media promoting, digital avatar & digital attire era provider supplier in Hong Kong, as of late introduced the pricing of its preliminary society providing (the “Offering”) of two,150,000 common stocks at a worth of $4.00 in line with proportion. The common stocks had been authorized for record on The Nasdaq Capital Marketplace and are anticipated to start buying and selling on July 19, 2024 beneath the ticker image “QMMM.”
The combination rude proceeds from the Providing can be $8.6 million, ahead of deducting underwriting reductions and alternative matching bills. The Providing is predicted to akin on or about July 22, 2024, matter to the pleasure of commonplace ultimate situations. QMMM has granted the underwriter a 45-day choice to buy as much as an alternative 322,500 common stocks on the society providing value, much less underwriting reductions and commissions.
The Providing is being carried out on a company loyalty foundation. WallachBeth Capital, LLC is performing because the manage underwriter for the Providing. FisherBroyles, LLP is performing as U.S. securities suggest to the Corporate, and Sichenzia Ross Ference Carmel LLP is performing as U.S. suggest to WallachBeth Capital, LLC in reference to the Providing.
A registration commentary on Method F-1 on the subject of the Providing has been filed with the U.S. Securities and Trade Fee (“SEC”) (Report Quantity: 333-274887) and used to be declared efficient via the SEC on July 1, 2024. The Providing is being made best by the use of a last prospectus, initiation part of the registration commentary. Copies of the prospectus on the subject of the Providing is also bought, when to be had, from WallachBeth Capital, LLC, Harborside Monetary Heart Plaza 5, 185 Hudson Side road, Ste 1410, Jersey Town, NJ 07311, via electronic mail to [email protected], or via calling +1 646.237.8585. As well as, the overall prospectus can be filed with the SEC and can be to be had at the SEC’s web site positioned at http://www.sec.gov.
Sooner than you make investments, you must learn the prospectus and alternative paperwork the Corporate has filed or will record with the SEC for more info concerning the Corporate and the Providing. This press drop does now not represent an do business in to promote, or the solicitation of an do business in to shop for any of the Corporate’s securities, nor shall there be any do business in, solicitation or sale of any of the Corporate’s securities in any shape or jurisdiction during which such do business in, solicitation or sale can be illegal previous to registration or qualification beneath the securities regulations of such shape or jurisdiction.
About QMMM Holdings Restricted
QMMM Holdings Restricted (the “Company”) is an award-winning virtual promoting and advertising and marketing manufacturing services and products corporate. Via its running subsidiaries ManyMany Creations Restricted and Quantum Matrix Restricted in Hong Kong, the Corporate has impaired interactive design, animation, art-tech and digital applied sciences in over 500 industrial campaigns. The Corporate has labored with massive home and world banks, genuine property builders, global well-known relief terrain, govern world athletic attire and sneakers manufacturers and comfort beauty merchandise and world manufacturers for his or her promoting and initiation paintings in Hong Kong. Status prominently in Hong Kong for over 18 years within the business, with govern creativity, top rate account servicing, and ever-advancing tech R&D, the Corporate remains to be one of the vital govern top rate alternatives for enterprises and multinational enterprises on the lookout for massive scale content-heavy and tech-integrated campaigns. The shoppers of the Corporate come with native and world banks, real-estate builders, luxurious manufacturers, haute couture homes, and theme soils.
Ahead-Taking a look Statements
Positive statements on this announcement are forward-looking statements, together with however now not restricted to, the Corporate’s proposed Providing. Those forward-looking statements contain identified and unknown dangers and uncertainties and are in line with the Corporate’s stream expectancies and projections about pace occasions that the Corporate believes might have an effect on its monetary situation, result of operations, industry technique and fiscal wishes, together with the expectancy that the Providing can be effectively finished. Traders can determine those forward-looking statements via phrases or words comparable to “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or alternative alike expressions. The Corporate undertakes disagree legal responsibility to replace or revise publicly any forward-looking statements to mirror next going on occasions or cases, or adjustments in its expectancies, except for as is also required via legislation. Despite the fact that the Corporate believes that the expectancies expressed in those forward-looking statements are cheap, it can not safeguard you that such expectancies will change into right kind, and the Corporate cautions traders that latest effects might fluctuate materially from the expected effects and encourages traders to study alternative components that can have an effect on its pace leads to the Corporate’s registration commentary and alternative filings with the SEC, which might be to be had for assessment at www.sec.gov.
For more info, please touch:
QMMM Holdings Restricted
Telephone: +852 3549 6889
E mail: [email protected]
SOURCE QMMM HOLDINGS LIMITED