Investing

QMMM Holdings Increases Size of Planned IPO

By Stephen Nakrosis


QMMM Holdings on Friday said it was increasing the size of its planned initial public offering to 1.6 million shares from 960,000 shares.

The offering is still expected to price at $5 per share, the company said.

The Cayman Islands holding company said it provides digital media advertising and virtual avatar and virtual apparel technology services through subsidiaries in Hong Kong.

The company also said it is expected to trade under the symbol QMMM on the Nasdaq.


Write to Stephen Nakrosis at stephen.nakrosis@wsj.com


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