Infobird, which provides a customer engagement SaaS platform in China, raised $25 million by offering 6.25 million shares at $4, in line with expectations.
Infobird states that its cloud-based communications software features VoIP technologies and a no-code development platform, so that customers can use call centers, telemarketing, and chatbot services.
The Beijing, China-based company plans to list on the Nasdaq under the symbol IFBD. WestPark Capital acted as lead manager on the deal.
