QMSK Upsizes US IPO To Comply With Nasdaq's New Listing Rules For Chinese Firms
1. QMSK quadrupled IPO target to $37 million after Nasdaq's new requirements. 2. Company's revenue grew 38%, but profit fell by nearly 10% due to expansion. 3. New Nasdaq guidelines may impact eligibility for future Chinese listings. 4. High valuations could lead to significant share price drops post-IPO. 5. QMSK's risk assessment service network expanded to over 10,000 locations.