Zhongchao, a Chinese internet platform providing medical information, education, and training, filed on Thursday with the SEC to raise up to $15 million in an initial public offering.
The Shanghai, China-based company was founded in 2012 and booked $15 million in sales for the 12 months ended June 30, 2019. It plans to list on the Nasdaq under the symbol ZCMD. Network 1 Financial Securities is the sole bookrunner on the deal. No pricing terms were disclosed.
