Hong Kong nutritional supplement distributor Fitness Fanatics applies for a US IPO aiming to raise USD 9 million
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Hong Kong sports nutrition distributor Fitness Fanatics has submitted an IPO application to the U.S. Securities and Exchange Commission, planning to raise $9 million by issuing 2 million shares at a price range of $4 to $5, with an expected market capitalization of $143 million. The company was founded in 2016 and primarily sells sports nutrition products in Hong Kong and mainland China. It is expected to generate $19 million in revenue in 2024 and plans to list on NASDAQ under the stock code "FIT."
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