New Risk • Jun 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.3m free cash flow). Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m (US$569k revenue). Market cap is less than US$10m (US$4.99m market cap). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Reported Earnings • May 05
Full year 2025 earnings released: US$7.83 loss per share (vs US$17.51 loss in FY 2024) Full year 2025 results: US$7.83 loss per share (improved from US$17.51 loss in FY 2024). Net loss: US$12.0m (loss narrowed 55% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Reported Earnings • Dec 02
First half 2025 earnings released: US$2.72 loss per share (vs US$1.13 loss in 1H 2024) First half 2025 results: US$2.72 loss per share (further deteriorated from US$1.13 loss in 1H 2024). Net loss: US$4.18m (loss widened 140% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 16% per year. New Risk • Nov 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 53% per year over the past 5 years. Revenue is less than US$1m (US$624k revenue). Market cap is less than US$10m (US$4.05m market cap). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Reported Earnings • May 01
Full year 2024 earnings released: US$17.51 loss per share (vs US$1.20 loss in FY 2023) Full year 2024 results: US$17.51 loss per share (further deteriorated from US$1.20 loss in FY 2023). Net loss: US$26.9m (loss widened US$25.0m from FY 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings. New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m (US$859k revenue). Market cap is less than US$10m (US$3.25m market cap). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Announcement • Mar 08
Baosheng Media Group Holdings Limited Announces Board and Committee Changes Mr. Yun Wu, an independent director of Baosheng Media Group Holdings Limited, a member of the audit committee, the compensation committee, and the nominating and corporate governance committee of the board of directors of the Company (the “Board”), and the chairman of the compensation committee of the Board, notified the Company of his resignation as a director for personal reasons, effective March 3, 2025. Mr. Wu’s resignation from the Board was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. On March 6, 2025, the Board appointed Mr. Jianhua Cheng as (i) an independent director, (ii) a member of each of the nominating and corporate governance committee, audit committee, and compensation committee of the Board, and (iii) the chairman of the compensation committee of the Board. The appointment intends to fill the vacancy created by Mr. Wu’s departure. The Company has determined that Mr. Cheng satisfies the “independence” requirements of the corporate governance rules of the Nasdaq Stock Market, LLC, and Rule 10A-3 under the Securities Exchange Act of 1934, as amended. The biographical information of Mr. Cheng. Cheng Jianhua, age 47, has a career in corporate administration and strategic management. From August 2000 to February 2003, he worked at China Railway 17th Bureau Group Third Company as an officer in the Publicity Department, where he was responsible for corporate branding and publicity. From March 2003 to June 2008, he served as a Senior Secretary at Beijing Haidian Science Park Construction Co. Ltd., overseeing executive document drafting and corporate culture promotion. From June 2008 to March 2018, he held the position of Chairman of the Trade Union and Supervisor at Beijing Haidian Science Park Construction Co. Ltd., managing trade union affairs. From March 2018 to February 2025, he worked as the Manager of the General Administration Department at Beijing Haidian Science Park Construction Co. Ltd., where he was responsible for corporate administration, safety, and branding management. Since July 2016, he has been serving as a Board Director at Beijing Taihe Jia Technology Co. Ltd. where he contributes to business decision-making and corporate strategic planning. Since January 2023, he has been the Legal Representative of Beijing Huashi Zhuoyue Education Technology Co. Ltd. He earned a Doctor of Philosophy in Business Administration in 2024 and a Master of Business Administration in 2022 from the Seoul School of Integrated Sciences & Technologies, and a Bachelor’s degree in Business Administration from Southwest Jiaotong University in 2009. New Risk • Dec 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 88% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (88% average weekly change). Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m (US$859k revenue). Minor Risk Market cap is less than US$100m (US$10.9m market cap). Reported Earnings • Oct 02
First half 2024 earnings released: US$1.13 loss per share (vs US$0.003 loss in 1H 2023) First half 2024 results: US$1.13 loss per share (further deteriorated from US$0.003 loss in 1H 2023). Net loss: US$1.74m (loss widened US$1.74m from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings. New Risk • Aug 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 96% per year over the past 5 years. Revenue is less than US$1m (US$922k revenue). Market cap is less than US$10m (US$3.25m market cap). Announcement • May 01
Baosheng Media Group Holdings Limited announced delayed 20-F filing On 04/30/2024, Baosheng Media Group Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 115% per year over the past 5 years. Market cap is less than US$10m (US$5.06m market cap). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (US$3.5m revenue). Announcement • Feb 08
Baosheng Media Group Holdings Limited has filed a Follow-on Equity Offering. Baosheng Media Group Holdings Limited has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,030,000
Transaction Features: Registered Direct Offering Announcement • Dec 14
Baosheng Media Group Holdings Limited Announces Management Changes Baosheng Media Group Holdings Limited announced Mr. Kun Zhang, an independent director of the company, a member of the audit committee, the compensation committee, and the nominating and corporate governance committee of the board of directors of the Company, and the chairman of the compensation committee of the Board, notified the Company of his resignation as a director for personal reasons, effective December 6, 2023. Mr. Zhang’s resignation from the Board was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. On December 6, 2023, the Board appointed Mr. Yun Wu as an independent director, a member of each of the nominating and corporate governance committee, audit committee, and compensation committee of the Board, and the chairman of the compensation committee of the Board. The appointment intends to fill the vacancy created by Mr. Zhang’s departure. Since January 2022, Mr. Wu has been serving as the general manager at Air CITC Information Technology (Beijing) Co. Ltd., where he is responsible for business management. From December 2014 to December 2021, Mr. Wu served as the co-founder and chief operating officer at Beijing Haitaoche Technology Co. Ltd., where he was responsible for the overall company management. Mr. Wu obtained his bachelor’s degree in Computer Science and Technology from Peking University in 1995, and his Master of Business Administration degree from the Guanghua School of Management at Peking University in 2001. New Risk • Aug 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.82m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (43% average weekly change). Earnings have declined by 136% per year over the past 5 years. Market cap is less than US$10m (US$9.82m market cap). Minor Risk Revenue is less than US$5m (US$2.4m revenue). Buying Opportunity • Jun 10
Now 43% undervalued Over the last 90 days, the stock is up 101%. The fair value is estimated to be US$16.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 74% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 10
Full year 2022 earnings released: US$15.47 loss per share (vs US$4.62 loss in FY 2021) Full year 2022 results: US$15.47 loss per share (further deteriorated from US$4.62 loss in FY 2021). Net loss: US$23.7m (loss widened 252% from FY 2021). Announcement • Dec 23
Baosheng Media Group Holdings Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency Baosheng Media Group Holdings Limited (“Baosheng” or the “Company”) announced that the Company received a written notification (the “Notification Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) on December 19, 2022, notifying the Company that it is not in compliance with the minimum bid price requirement set in Nasdaq Rules for continued listing on the Nasdaq. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of USD 1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company's ordinary shares for the 30 consecutive business days from November 2, 2022 to December 16, 2022, the Company no longer meets the minimum bid price requirement. The Notification Letter does not impact the Company's listing on the Nasdaq Capital Market at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until June 19, 2023, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the Company's ordinary shares must have a closing bid price of at least USD 1.00 for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by June 19, 2023, the Company may be eligible for additional time to regain compliance or may face delisting. The Company's business operations are not affected by the receipt of the Notification Letter. The Company intends to monitor the closing bid price of its ordinary shares and may, if appropriate, consider implementing available options, including, but not limited to, implementing a reverse share split of its outstanding ordinary shares, to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules. Reported Earnings • Oct 16
First half 2022 earnings released: US$0.69 loss per share (vs US$0.032 loss in 1H 2021) First half 2022 results: US$0.69 loss per share (further deteriorated from US$0.032 loss in 1H 2021). Net loss: US$6.31m (loss widened US$6.04m from 1H 2021). Announcement • Sep 27
Baosheng Media Group Holdings Announces Management Changes Mr. Weitao Liang, an independent director of Baosheng Media Group Holdings Limited (the “Company”), a member of the audit committee, the compensation committee, and the nominating and corporate governance committee of the board of directors of the Company (the “Board”), and the chairperson of the nominating and corporate governance committee of the Board, notified the Company of his resignation as a director for personal reasons, effective September 15, 2022 (the “Resignation”). Mr. Weitao Liang’s resignation from the Board was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. On September 20, 2022, the Board appointed Mr. Guangyao Zhu as (i) a director, (ii) a member of each of the nominating and corporate governance committee, audit committee, and compensation committee of the Board, and (iii) the chairperson of the nominating and corporate governance committee of the Board. The appointment intends to fill the vacancy created by Mr. Weitao Liang’s departure. The Company has determined that Mr. Guangyao Zhu satisfies the “independence” requirements of the corporate governance rules of the Nasdaq Stock Market, LLC, and Rule 10A-3 under the Securities Exchange Act of 1934, as amended. Since October 2021, Mr. Guangyao Zhu has served as the chairman at Beijing Mingdi Technology and Trade Development Co. Ltd., a company that invests in the business of landscaping, construction, and construction supplies. Since December 2018, Mr. Guangyao Zhu has served as the deputy secretary general at the artificial intelligence education special committee of the China Electronics Chamber of Commerce, where Mr. Zhu was primarily responsible for outreach activities of the special committee. From September 2017 to November 2018, Mr. Zhu served as the chairman at Beijing Kunyue Education Technology Co. Ltd., a company investing in Sino-foreign cooperative education and school-enterprise cooperative education, where Mr. Zhu was mainly responsible for overseeing the company’s daily operations and making strategic decisions for the company. From July 2013 to August 2017, Mr. Zhu served as the general manager at Beijing Senbin International Education Technology Co. Ltd., where he was responsible for managing the translation services, training services, and marketing activities of the company. Mr. Zhu obtained his bachelor’s degree in English from Beijing Foreign Studies University in 2003 and his master’s degree in international trade from the University of Murcia in Spain in 2022. Mr. Guangyao Zhu does not have a family relationship with any director or executive officer of the Company and has not been involved in any transaction with the Company during the past two years that would require disclosure under Item 404(a) of Regulation S-K. Announcement • Jun 15
Baosheng Media Group Holdings Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement Baosheng Media Group Holdings Limited announced that the Company received a written notification (the “Notification Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) on June 9, 2022, informing the Company that it has regained compliance with the Nasdaq’s minimum bid price requirement and the matter is closed. On February 1, 2022, the Company was notified by Nasdaq its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive business days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was given a 180-day extension, or until August 1, 2022 to regain compliance. Effective May 24, 2022, the Company effected a 1-for-3.2 reverse stock split, which was reflected with Nasdaq and in the marketplace at the opening of business on May 25, 2022. The Notification Letter the Company received from Nasdaq on June 9, 2022 noted that the Company evidenced a closing bid price of its ordinary shares at or greater than the $1.00 per share minimum requirement for the last 10 consecutive business days, from May 25 through June 8, 2022. Nasdaq stated that accordingly, Baosheng has regained compliance with Nasdaq Listing Rule 5550(a)(2). Announcement • May 03
Baosheng Media Group Holdings Limited announced delayed 20-F filing On 05/02/2022, Baosheng Media Group Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improved over the past week After last week's 74% share price gain to US$1.01, the stock trades at a trailing P/E ratio of 59x. Average trailing P/E is 19x in the Media industry in the US. Total loss to shareholders of 76% over the past year. Announcement • Apr 02
Baosheng Media Group Holdings Limited, Annual General Meeting, Apr 29, 2022 Baosheng Media Group Holdings Limited, Annual General Meeting, Apr 29, 2022, at 08:00 China Standard Time. Agenda: To approve a share consolidation or reverse stock split, of the Company’s 100,000,000 ordinary shares, par value USD 0.0005 per share, in the Company’s issued and unissued share capital at a ratio of one-for-three and one fifth such that each 3.2 ordinary shares shall be combined into one ordinary share of the Company with a par value of USD 0.0016; To transact such other business as may properly come before the Annual Meeting or any adjournment or postponement thereof. Announcement • Feb 25
Baosheng Media Group Holdings Limited Appoints Changhong Jiang as a Director, Member of Each of the Nominating and Corporate Governance Committee, Audit Committee, and Compensation Committee and the Chairperson of the Audit Committee of the Board On February 22, 2022, the Board of Baosheng Media Group Holdings Limited appointed Mr. Changhong Jiang as a director, a member of each of the nominating and corporate governance committee, audit committee, and compensation committee of the Board, and the chairperson of the audit committee of the Board. The appointment intends to fill the vacancy created by Mr. Adam (Xin) He’s departure. Mr. Changhong Jiang has served as the Company’s independent director since February 2022. Mr. Changhong Jiang has over 15 years of experience in corporate finance and auditing and is familiar with the reporting requirements of U.S. Generally Accepted Accounting Principles. Since June 2019, Mr. Changhong Jiang has served as the deputy general manager, board secretary and partner of Beijing Nano Top Co. Ltd., where he mainly oversees the main functions of the company, including finance, human resources, sales and marketing, and administration. From December 2015 to May 2019, Mr. Jiang served as the deputy general manager of Tianjin Taida Energy Group Co. Ltd. Prior to that, Mr. Changhong Jiang served as the chief financial officer of Peace Map Co. Ltd. (HKEX: 00402) from November 2011 to April 2015. From September 2004 to October 2011, Mr. Jiang served as the audit manager at Renanda Certified Public Accountants LLP, where he successfully assisted several companies in auditing their financials in the initial public offering processes. Announcement • Feb 13
Adam (Xin) He to Resign as Independent Director and Chairperson of the Audit Committee of Baosheng Media Group Holdings Limited On February 9, 2022, Mr. Adam (Xin) He, an independent director and the chairperson of the audit committee of the board of directors of Baosheng Media Group Holdings Limited, notified the Company of his resignation from the board of directors for personal reasons, effective February 10, 2022. Mr. Adam (Xin) He’s resignation from the board of directors was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. Following Mr. Adam (Xin) He’s resignation, the Company expects to nominate a replacement director to the board of directors and elect a new chairperson for its audit committee of the board of directors, in accordance with the terms of its audit committee charter. Announcement • Feb 07
Baosheng Media Group Holdings Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency Baosheng Media Group Holdings Limited announced that the Company received a written notification (the “Notification Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) on February 1, 2022, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Rules for continued listing on the Nasdaq. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company's ordinary shares for the 30 consecutive business days from December 16, 2021 to January 31, 2022, the Company no longer meets the minimum bid price requirement. The Notification Letter does not impact the Company's listing on the Nasdaq Capital Market at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until August 1, 2022, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the Company's ordinary shares must have a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by August 1, 2022, the Company may be eligible for additional time to regain compliance or may face delisting. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment deteriorated over the past week After last week's 22% share price decline to US$1.05, the stock trades at a trailing P/E ratio of 61.4x. Average trailing P/E is 13x in the Media industry in the US. Reported Earnings • Oct 03
First half 2021 earnings released: US$0.01 loss per share (vs US$0.30 profit in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: US$2.42m (down 75% from 1H 2020). Net loss: US$271.7k (down 104% from profit in 1H 2020). Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$2.07, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 14x in the Media industry in the US. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$2.75, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 17x in the Media industry in the US. Executive Departure • Jul 13
Independent Director Zuohao Hu has left the company On the 5th of July, Zuohao Hu's tenure as Independent Director ended after less than a year in the role. We don't have any record of a personal shareholding under Zuohao's name. A total of 2 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improved over the past week After last week's 24% share price gain to US$3.89, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 17x in the Media industry in the US. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 20% share price gain to US$3.41, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 20x in the Media industry in the US. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$3.30, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 22x in the Media industry in the US. Reported Earnings • May 03
Full year 2020 earnings released: EPS US$0.34 (vs US$0.55 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$11.9m (down 33% from FY 2019). Net income: US$6.94m (down 38% from FY 2019). Profit margin: 58% (down from 63% in FY 2019). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$4.45, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 24x in the Media industry in the US. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improved over the past week After last week's 34% share price gain to US$6.18, the stock trades at a trailing P/E ratio of 11.9x, up from the previous P/E ratio of 8.9x. Average P/E is 30x in the Media industry in the US. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 21% share price decline to US$6.02, the stock is trading at a trailing P/E ratio of 11.6x, down from the previous P/E ratio of 14.8x. This compares to an average P/E of 30x in the Media industry in the US. Announcement • Feb 10
Baosheng Media Group Holdings Limited has completed an IPO in the amount of $30 million. Baosheng Media Group Holdings Limited has completed an IPO in the amount of $30 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,000,000
Price\Range: $5
Discount Per Security: $0.35