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By The Online Investor Staff, updated Tue., Apr. 16, 2:57 AM
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IPOs| This Slide: #3 of 15 |
Slide #3. Mobile-health Network Solutions — Initial Public Offering
Company:
Mobile-health Network Solutions
Proposed Symbol:
MNDR
Shares Offered:
2,250,000
Price Per Share:
$4.00
Over-Allotment:
337,500
Description:
Mobile-health Network Solutions ("MNDR" or the "Company"), a leading telehealth solutions provider in Singapore, today announced the pricing of its firm commitment initial public offering of an aggregate 2,250,000 Class A Ordinary Shares (the "Offering"). The Offering is priced at $4.00 per share (the "Offering Price"). The Company has granted the underwriter a 45-day option to purchase up to an additional 337,500 Class A Ordinary Shares at the Offering Price, representing 15% of the Class A Ordinary Shares sold in the Offering (the "Over-allotment"). The shares are expected to begin trading on the NASDAQ Stock Market LLC under the ticker symbol "MNDR" on April 10, 2024. The Offering is expected to close on or about April 12, 2024, subject to the satisfaction of customary closing conditions.
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