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FEBO / Fenbo Holdings Seeks $5 Million In U.S. Micro-IPO
Fenbo Holdings Limited has filed for a $5 million IPO to raise capital for its personal care electric appliances business. The company's financial performance has been declining, with decreasing revenue, gross profit, and cash flow from operations. The IPO carries risks such as reliance on a single customer and exposure to regulatory and financial changes in China.
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Posted: Sep 13 2023, 12:50
Author Name: Seeking Alpha
Views: 102296
FEBO News
By Seeking Alpha
September 13, 2023
Fenbo Holdings Seeks $5 Million In U.S. Micro-IPO
Fenbo Holdings Limited has filed for a $5 million IPO to raise capital for its personal care electric appliances business. The company's financial per more_horizontal