Core Insights - Charming Medical Ltd (美妍堂) successfully listed on NASDAQ under the ticker MCTA on October 21, 2025, raising $6.4 million by issuing 160,000 shares at an initial price of $4 per share [3][10]. Company Overview - Charming Medical Ltd is a Hong Kong-based company focused on Traditional Chinese Medicine (TCM) inspired therapies and products, operating four health therapy centers in Hong Kong [4]. - The company offers a range of services including warming therapy, pelvic detox therapy, moxibustion, prenatal massage, and traditional binding to address women's health issues related to hormonal imbalances and postpartum recovery [4]. - Under the "Beauty Lab" brand, the company develops and sells TCM-inspired dietary supplements and beauty products aimed at improving women's health and vitality [4]. Financial Information - On its first trading day, MCTA closed at $7.00, marking a 75% increase from its IPO price, with a market capitalization of approximately $119 million [10][12]. - The stock experienced a trading volume of 4.2187 million shares, with a price range during the day between $4.30 and $8.21 [12]. Management and Directors - Kit Wong serves as the Director, CEO, and Chairman of the Board, bringing extensive experience in postpartum repair and TCM-inspired health maintenance [7]. - Ching Man Cheung, the Chief Financial Officer, has nearly 20 years of experience in accounting and financial management, overseeing all financial aspects of the company [8]. - The board includes independent directors with diverse backgrounds in finance and TCM, enhancing the company's governance and strategic direction [9].