Linkhome Holdings, which operates a platform for buying and selling real estate, announced terms for its IPO on Tuesday.
The Irvine, CA-based company plans to raise $5 million by offering 1.3 million shares at a price of $4. At the midpoint of the proposed range, Linkhome Holdings would command a fully diluted market value of $63 million.
Through its subsidiaries, Linkhome operates a real estate platform with the goal of providing customers with end-to-end solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation. Since inception, its platform has facilitated an aggregate gross total value of more than $150 million of agent brokerage transactions as of June 30, 2024.
Linkhome Holdings was founded in 2021 and plans to list on the Nasdaq under the symbol LHAI. Dawson James and EF Hutton are the joint bookrunners on the deal.
