Wellness products maker Aixin Life cuts offering by 50% to $25M

seekingalpha2023-04-06

Wellness products maker Aixin Life (OTCQX:AIXN), which is seeking to uplist its shares to Nasdaq, has downsized its proposed public offering by 50% to $25M. The Colorado-based company said that it is ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2325314072?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1318624804/image_1318624804.jpg","is_english":true,"pubTime":"2023-04-06 07:04","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2325314072","market":"us","top_or_hot":-1,"title":"Wellness products maker Aixin Life cuts offering by 50% to $25M","media":"seekingalpha","content":"<div>\n<p>Wellness products maker Aixin Life (OTCQX:AIXN), which is seeking to uplist its shares to Nasdaq, has downsized its proposed public offering by 50% to $25M. The Colorado-based company said that it is ...</p>\n\n<a href=\"https://seekingalpha.com/news/3954858-wellness-products-maker-aixin-life-cuts-offering-to-25m\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wellness products maker Aixin Life cuts offering by 50% to $25M</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWellness products maker Aixin Life cuts offering by 50% to $25M\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-06 07:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3954858-wellness-products-maker-aixin-life-cuts-offering-to-25m><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wellness products maker Aixin Life (OTCQX:AIXN), which is seeking to uplist its shares to Nasdaq, has downsized its proposed public offering by 50% to $25M. The Colorado-based company said that it is ...</p>\n\n<a href=\"https://seekingalpha.com/news/3954858-wellness-products-maker-aixin-life-cuts-offering-to-25m\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AIXN","symbol_name":"艾鑫","start_time":0,"source_url":"https://seekingalpha.com/news/3954858-wellness-products-maker-aixin-life-cuts-offering-to-25m","article_id":"2325314072","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1318624804/image_1318624804.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2325314072","pubTimestamp":1680735885,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Wellness products maker Aixin Life (OTCQX:AIXN), which is seeking to uplist its shares to Nasdaq, ha","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AIXN":"艾鑫","BK4159":"经销商"},"translate_title":"健康产品制造商爱新生命将产品降价50%，至2500万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIXN":1},"content_text":"Wellness products maker Aixin Life (OTCQX:AIXN), which is seeking to uplist its shares to Nasdaq, has downsized its proposed public offering by 50% to $25M. The Colorado-based company said that it is now looking to offer 6.25M shares priced at $4 per share. Underwriters would be granted a 45-day option to buy up to 938K additional shares for over-allotments. Network 1 Financial Securities is serving as lead underwriter. Aixin is planning to uplist its shares to Nasdaq under the symbol AIXN. Its shares currently trade OTC under the same symbol.  Aixin develops, manufactures and markets nutritional and wellness products for the Chinese market, including traditional Chinese remedies. The company operates through subsidiaries in China.  Aixin is has been operating in the red. For the nine-month period ended Sept. 30, the company reported a net loss of $5.9M on revenue of $1.5M, according to its filing.  The company first filed for the IPO in November, seeking $50M.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2325314072"}