Zhitong Finance App learned that the digital marketing solutions provider POCH.US (POCH.US), headquartered in Hong Kong, China, increased the proposed issuance scale of its upcoming IPO on Thursday. The company currently plans to raise $38 million by issuing 6.3 million shares in the price range of 5 to 7 US dollars per share. In its previously submitted IPO application, the company plans to issue the same number of shares, with a price range of 4 to 5 US dollars per share. Based on the midpoint of the revised price range, the capital raised by Baoshi Technology will increase by 33% compared to previous expectations, and the market value will reach 128 million US dollars.

Baoshi Technology was founded in 2020 and plans to be listed on the NASDAQ under the stock code POCH. AC Sunshine Securities is the sole underwriter for this IPO.

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