Infobird Co., Ltd (IFBD) company profile

Infobird Co., Ltd. is a holding company that provides digital advertising solutions and marketing campaigns through operating subsidiaries and contractual arrangements with variable interest entities. The company's primary business activities involve delivering end-to-end digital advertising services, digital marketing campaign solutions, and business integration services. Its offerings serve corporate and enterprise clients seeking brand marketing consulting, online promotion, and comprehensive commercial outreach. Prior to divesting its legacy operations, the organization also provided artificial intelligence-enabled software-as-a-service customer engagement tools and business process outsourcing services.

The company operates primarily within the People's Republic of China, with additional business entities and activities organized in Hong Kong and Singapore. Infobird maintains corporate executive offices in Central, Hong Kong, and is incorporated under the laws of the Cayman Islands. Its operational subsidiaries and affiliated entities also conduct business activities across mainland Chinese metropolitan centers including Beijing and Shanghai.

Summary of the business section of Infobird's latest annual report, written by StockData.

“PER SHARE TOTAL Initial public offering price $ 4.00 $ 25,000,000 Underwriting discounts and commissions (1) $ 0.28 $ 1,750,000 Proceeds, before expenses, to us $ 3.72 $ 23,250,000 (1) We have agreed to issue, on the closing date of this offering, warrants, or the representative’s warrants, to the representative of”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

“As of December 31, 2023, we had 11 full-time employees.”