STOCK TITAN

Aegis Capital Corp. acted as Sole Bookrunner on a $9 Million Follow-On Offering of American Depositary Shares for ECMOHO Limited (NASDAQ: MOHO)

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Aegis Capital Corp. has successfully acted as Sole Bookrunner on a $9 Million Follow-On Offering of American Depositary Shares for ECMOHO Limited (NASDAQ:MOHO). ECMOHO operates in the health and wellness market in China, providing a range of health supplements, nutrition, personal care, and household healthcare products. With over ten years of experience, the company aims to connect health-conscious consumers with trusted global brands, enhancing health regeneration and longevity through its curated offerings.

Positive
  • Successful execution of a $9 million follow-on offering, indicating investor confidence.
  • ECMOHO has a decade of experience in the health and wellness sector, suggesting stability and market knowledge.
Negative
  • None.

NEW YORK, NY / ACCESSWIRE / August 5, 2021 / Aegis Capital Corp. acted as Sole Bookrunner on a $9 Million Follow-On Offering of American Depositary Shares for ECMOHO Limited (NASDAQ:MOHO).

About ECMOHO Limited

ECMOHO is an integrated solutions provider in the health and wellness market in China, which curates and sells global brands and quality products to Chinese health-conscious consumers. Leveraging its technology, network and expertise in marketing and distribution, ECMOHO connects families with advanced health supplements, nutrition and food items, personal care products, household healthcare equipment and other wellness products. Through over ten years of operation, ECMOHO has established an ecosystem of trusted products and relationships to provide customized solutions which promote health regeneration, impart therapeutic benefits, and increase longevity to devoted consumers to sustain health.

LOGO

About Aegis Capital Corporation

Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.

For more information about this offering or Investment Banking Services please email InvestmentBanking@aegiscap.com or call (212) 813-1010

Shape, logoDescription automatically generated

www.aegiscapcorp.com

Brokerage and investment advisory services are offered through Aegis Capital Corporation, a member of FINRA and SIPC. Investment and insurance products offered are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

SOURCE: Aegis Capital Corp.



View source version on accesswire.com:
https://www.accesswire.com/658613/Aegis-Capital-Corp-acted-as-Sole-Bookrunner-on-a-9-Million-Follow-On-Offering-of-American-Depositary-Shares-for-ECMOHO-Limited-NASDAQ-MOHO

FAQ

What was the purpose of ECMOHO's $9 million follow-on offering?

The offering was intended to raise capital to support ECMOHO Limited's operations and growth in the health and wellness market.

Who acted as the bookrunner for ECMOHO's offering?

Aegis Capital Corp. acted as the Sole Bookrunner for the $9 million offering.

What is the significance of ECMOHO's business model?

ECMOHO's integrated model allows it to connect Chinese consumers with global health and wellness products, enhancing market reach.

How long has ECMOHO been in operation?

ECMOHO has been operating for over ten years in the health and wellness market.

What types of products does ECMOHO offer?

ECMOHO offers health supplements, nutrition items, personal care products, and household healthcare equipment.

MOHO

NASDAQ:MOHO

MOHO Rankings

MOHO Latest News

MOHO Stock Data

4.94M
Link
China (Mainland)
Shanghai