WiMi Hologram Cloud Inc. (NASDAQ:WIMI) a Chinese producer of augmented reality (AR) content for advertisers and entertainers, has released further details about its planned IPO.The company had originally planned to go public last year but placed its plans on hold. 1/2, or 1/3 or a 1/4...the quantity is up to you and how much more risk/loss you can take The over all index is down. Get today's WiMi Hologram Cloud Inc stock price and latest WIMI news as well as WiMi Hologram Cloud real-time stock quotes, technical analysis, full financials and more. A biotech and a Chinese issuer are tackling a tough US IPO market in the week ahead.WiMi Hologram Cloud (WIMI) plans to raise $33 million at … The SCOOP ratings should not be taken as investment advice. View detailed financial information, real-time news, videos, quotes and analysis on WiMi Hologram Cloud Inc. (NASDAQ:WIMI). Updated Monday, March 30, 2020. Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums), is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. The Company provides holographic AR advertising services and holographic AR entertainment products. Your status will be reviewed by our moderators.Please wait a minute before you try to comment again. -Offering participants include WB Online Investment Limited, an affiliate of Weibo ...Full story available on Benzinga.comInvesting.com – U.S. stocks were higher after the close on Monday, as gains in the Technology, Basic Materials and Consumer Goods sectors led shares higher. It may therefore take some time before it appears on our website.technically it's time to rebound after both volume & price hit to lowest yesterday..right time to get in now and hold it for year.. u won't regret especially when AVATAR 2 start screening WIMI Was Oversubscribed for $61,840,800 and WB Online Investment Limited Was Subscribedwas buying this a mistake ? Write your thoughts about WiMi Hologram Cloud Inc© 2007-2020 Fusion Media Limited. A Chinese augmented reality platform, which has seen strong growth this March quarter, is part of the IPO slate of this week.The company expects to price the offering between $7.50 and $9.50.At the midpoint of the price range, the offering is likely to generate gross proceeds of $34 million.Benchmark, Maxim Group, China Merchants Securities BOCI and AMTD Global Markets are the lead underwriters for the offering.WiMi offers augmented reality-based holographic services and products, with focus on providing an innovative, immersive and interactive holographic augmented reality experience for customer and end users.The company's offerings currently include holographic AR advertising services and holographic AR entertainment products, with the former fetching about 80.5% of its total revenues in the fiscal year 2018 and the latter the remaining 19.5%.WiMi reported revenues of $32.82 million for the fiscal year 2018, up about 17% year-over-year.
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WiMi is a 5-year company which states in its F-1/A that “We offer augmented reality ("AR")-based holographic services and products to cater to our customers' needs.” These offering consist of holographic AR advertising, which made up 83.1% of its 2019 first half revenue, and holographic AR entertainment products which covered the remainder. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.By doing so, you and %USER_NAME% will not be able to see
Holographic AR advertising software enables users to insert into video footages real or animated three-dimensional (3D) objects that integrate seamlessly within the scene of such footages. Pattern Indication
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