MOKO Social Media, which develops customized mobile social media platforms, filed on Monday with the SEC to raise up to $10 million and uplist on the NASDAQ. MOKO currently trades on the Australian Securities Exchange under the symbol ASX, and is thinly traded on the OTCBB under the symbol MOKOY.
Based in Australia with offices in New York, MOKO was founded in 2004 and booked $6 million in sales for the 12 months ended December 31, 2013. It plans to list on the NASDAQ under the symbol MOKO. MOKO Social Media initially filed confidentially on March 3, 2014. Northland Securities is the sole bookrunner on the deal. No pricing terms were disclosed.
