Company Overview - QMMM Holdings Limited is a digital media advertising, virtual avatar, and virtual apparel technology service provider based in Hong Kong [1] - The company has over 18 years of industry experience and has executed more than 500 commercial campaigns using interactive design, animation, art-tech, and virtual technologies [4] - QMMM has collaborated with various sectors including large domestic and international banks, real estate developers, amusement parks, athletic apparel brands, and luxury cosmetic brands [4] Recent Financial Activity - QMMM Holdings Limited announced the closing of a public offering of 40,000,000 ordinary shares at a price of $0.20 per share, resulting in gross proceeds of approximately $8 million before expenses [1][2] - The offering was facilitated by Pacific Century Securities LLC and Revere Securities LLC as co-placement agents [2] Regulatory Information - The securities were offered under a registration statement on Form F-1, which was filed with the U.S. Securities and Exchange Commission on May 8, 2025, and declared effective on June 20, 2025 [2]
QMMM Announces Closing of $8 Million Public Offering of Ordinary Shares