Charming Medical Launches IPO of 1.6M Class A Ordinary Shares at $4.00 Each
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 21 2025
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IPO Announcement: Charming Medical Limited has priced its initial public offering of 1.6 million Class A ordinary shares at $4.00 per share, set to trade on the Nasdaq under the ticker "MCTA" starting October 21.
Proceeds and Use of Funds: The company anticipates gross proceeds of approximately $6.4 million from the offering, which will be used for business expansion, strategic investments, research and development, and general corporate purposes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
