Baosheng Media Group Holdings

General Information
Business:

We are an online marketing solution provider based in China. We are dedicated to helping our advertiser clients manage their online marketing activities with a view to achieving their business goals. We advise advertisers on online marketing strategies, offer value-added advertising optimization services and facilitate the deployment of online ads of various forms such as search ads, in-feed ads, mobile app ads and social media marketing ads. At the same time, as the authorized agency of some popular online media, such as Sogou (搜狗), sm.cn (神马), BoBo Video (波波视频), and Kuaishou Video (快手视频), we help online media procure advertisers to buy their ad inventory and facilitate ad deployment on their advertising channels.

(Note: Baosheng Media announced Monday, Feb. 8, 2021, that it priced its IPO of 6 million shares at $5, the low end of its $5-to-$6 price range, while the number of shares was increased by 1 million from the terms in its prospectus. Baosheng’s stock started trading Monday, Feb. 8, on the NASDAQ.)

 

Industry: Business Services - Advertising
Employees: 25
Founded: 2015
Contact Information
Address Room 901, Block B, Jinqiu International Building, Zhichun Road, Haidian District, Beijing, People’s Republic of China.
Phone Number +86-010-82088021.
Web Address http://www.bsacme.com
View Prospectus: Baosheng Media Group Holdings
Financial Information
Market Cap $140.25mil
Revenues $17.8 mil (last 12 months)
Net Income $11.2 mil (last 12 months)
IPO Profile
Symbol BAOS
Exchange NASDAQ
Shares (millions): 6.0
Price range $5.00 - $5.00
Est. $ Volume $30.0 mil
Manager / Joint Managers Univest Securities
CO-Managers -
Expected To Trade: 2/8/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change