Viomi Technology, a Xiaomi-backed seller of internet-connected home appliances, filed on Tuesday with the SEC to raise up to $150 million in an initial public offering.
The Guangdong, China-based company was founded in 2014 and booked $241 million in sales for the 12 months ended June 30, 2018. It plans to list on the Nasdaq under the symbol VIOT. Morgan Stanley and CICC are the joint bookrunners on the deal. No pricing terms were disclosed.
