Markets

Beauty and fitness device retailer Fit Boxx Holdings files and sets terms for $20 million US IPO

Fit Boxx Holdings, which sells beauty, fitness, and health care products and devices in Hong Kong and China, filed and announced terms for its IPO on Thursday.

The Hong Kong-based company plans to raise $20 million by offering 2.5 million shares at a price range of $7.50 to $8.50. At the midpoint of the proposed range, Fit Boxx Holdings would command a market value of $92 million.

Fit Boxx Holdings was founded in 2009 and booked $38 million in revenue for the 12 months ended September 30, 2018. It plans to list on the Nasdaq under the symbol FBOX. WestPark Capital is the sole bookrunner on the deal.

The article Beauty and fitness device retailer Fit Boxx Holdings files and sets terms for $20 million US IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

IPOs

Latest Markets Videos

    Renaissance Capital

    Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products.

    Learn More