Sentage Holdings Inc, a growing financial service provider, has filed Form F-1 Registration Statement on March 22, 2021 with the U.S. Securities and Exchange Commission to announce terms for its IPO.
The company plans to raise $22 million by offering 4 million shares at a price range of $5 to $6h. Assuming a successful IPO at the midpoint of the proposed price, the company expects a market capitalization of $77 million.
The company offers a comprehensive range of financial services across consumer loan repayment and collection management, loan recommendation, and prepaid payment network services in China.
The Shanghai, China-based company was founded in 2009 and booked $4 million in revenue for the 12 months ended June 30, 2020. It plans to list on the Nasdaq Capital Market under the symbol “SNTG.” Network 1 Financial Securities is underwriter of the IPO.
The company engages Hunter Taubman Fischer & Li LLC as US Securities Counsel, and Friedman LLP Independent Auditor.
#ipo #nasdaq #sentage #financial #service
Hexcellence Consulting has experienced IPO consulting team focus on listing in US Stock Market,
namely NYSE, Nasdaq and OTC Markets.
Should you interested to list your company in US Stock Market,
please contact us at [email protected]