Mountain&Sea Health, which provides nutritional products and health services to the older population in China, filed on Tuesday with the SEC to raise up to $9 million in an initial public offering.
Operating through its PRC subsidiaries, Mountain&Sea Health provides health solutions to the middle-aged and elderly populations in China. The company operates in several major cities, including Shanghai, Hangzhou, Jiaxing, Anji, Weihai, Huangshan, and Liyang. It generates revenue through five business categories: health foods, through which it offers dietary and supplementary food products; accommodation services, through which it collaborates with hotels to provide health-focused accommodations; health management services, through which it provides health assessments and ongoing monitoring through a team of in-house health consultants; health camps, through which it offers wellness-focused travel experiences; and selected products, through which it offers a curated selection of health and wellness products.
The Hangzhou, China-based company was founded in 2014 and booked $13 million in revenue for the 12 months ended June 30, 2024. It plans to list on the Nasdaq under the symbol SYH. Mountain&Sea Health filed confidentially on March 27, 2024. Tiger Brokers is the sole bookrunner on the deal. No pricing terms were disclosed.
