Home Wise Medical Releases Prospectus, Plans to Raise RMB 467 Million

Wise Medical Releases Prospectus, Plans to Raise RMB 467 Million

Jun 30, 2020 21:48 CST Updated 21:48
VISHEE

Developer, Manufacturer, and Distributor of Rehabilitation Medical Devices

YiOu Health, June 30 Report,VISHEE MedicalProspectus Released TodayThe initial public offering (IPO) will consist of no more than 17.0867 million shares, representing 25.00% of the total share capital after issuance. Nanjing Vishee Medical Technology Co., Ltd. (“Vishee”) intends to raise RMB 467 million through this offering. The proceeds will primarily be allocated to the construction of a research and development center, information technology infrastructure projects, assembly and commissioning facilities for rehabilitation equipment, and reserve funds for marketing services and brand building.Founded in 2001 and headquartered in Nanjing, Jiangsu Province, Vishee is primarily engaged in the research and development, manufacturing, and sales of rehabilitation medical devices. Its current product portfolio mainly includes rehabilitation medical devices and related products such as electrical stimulation devices, magnetic stimulation devices, electrophysiological equipment, consumables, and accessories.