IPO Profile

MMTEC, Inc. (MTC)

Offer Price
$4
Offer Size
1,800,000
3-Year Outlook
Positive
Volatility
High
First Day Turnover
9.99%

Description

We provide comprehensive, Internet-based technology services and solutions to the Chinese language speaking hedge funds, mutual funds, registered investment advisors, proprietary trading groups, and brokerage firms engaging in securities market transactions and settlements globally. We help these financial institutions to accelerate their integration into the overseas market by offering complete suite trading solutions, including services such as fund establishment, issuance, custody, transaction and settlement.

These financial institutions may “white label” our trading interface (i.e., put their logos on it, make our trading interface available to their customers without referencing our name), or they can select from among our modular functionalities, such as order routing, trade reporting or clearing on specific products or exchanges to offer their customers a comprehensive range of services and products.

Investors Pre-IPO Holdings (%)
Google Ventures 30
Intel Ventures 20
Patricoff Ventures 5
Kleiner Perkins 18

Deal Highlights

Deal Tracker

Filing Date   04 Jan, 2019
Price Date   08 Jan, 2019
Offer Price $4
Offer Size 1M
Look Up Expiry Date   08 Jul, 2019
Earnings Release Date   Nov 1, 2018