Wuxin Technology Holdings Inc, a Chinese IoT solutions provider, has filed Form F-1 Registration Statement on March 29, 2022 with the U.S. Securities and Exchange Commission to raise up to $41 million IPO. Pricing terms are yet to announce.
The company is a high-tech enterprise formed in 2005 and headquartered in Shenzhen, China. It is an integrated group company with IoT “connectivity” related products and solutions as its core business.
The Shenzhen, China-based company was founded in 2005 and booked $47 million in revenue for the 12 months ended June 30, 2021. It plans to list on the Nasdaq Capital Market under the symbol “WXT.” Prime Number Capital is the underwriter of the IPO.
The company engages Conyers Dill & Pearman LLP as US Securities Counsel, and TPS Thayer LLC as Independent Auditor.
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