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By Emon Reiser
Haoxi Health Technology filed for an initial public offering with the U.S. Securities and Exchange Commission on Friday.
The company is an online marketing solution provider, whose advertiser client base is mainly in the healthcare industry.
Haoxi expects to sell 3 million shares priced between $4 and $5 each. The company said it applied to list on the Nasdaq under the symbol HAO.
It generates revenue by providing products such as online short videos to advertisers through its media partners. It generated 600 million impressions and 18 million click-throughs in the six months ended Dec. 31.
In its fiscal year ending in June, revenue rose to $16.2 million from $12.9 million in 2021. Its losses were reduced to $15 million from $21.2 million during that time period.
EF Hutton, a division of Benchmark Investments LLC, is listed as the offering’s underwriter.
Write to Emon Reiser at [email protected]
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