POMDOCTOR Limited Prices IPO on Nasdaq
POMDOCTOR Limited, a prominent online medical services platform for chronic diseases in China, has announced the pricing of its initial public offering (IPO) of 5,000,004 American Depositary Shares (ADSs) at $4.00 per ADS. Announced in a press release, the ADSs are set to commence trading on the Nasdaq Global Market under the ticker symbol "POM" on October 8, 2025.
The company expects to generate approximately $20 million in gross proceeds from the offering, excluding underwriting discounts and related expenses. Additionally, POMDOCTOR has granted underwriters an option to purchase up to 750,000 additional ADSs within 45 days at the public offering price, less underwriting discounts.
Joseph Stone Capital, LLC is acting as the underwriter for this offering, which is being conducted on a firm commitment basis. The offering is anticipated to close on or about October 9, 2025, pending customary closing conditions.
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