Wunong Net Technology Co Ltd

Meiwu Technology Co., Ltd. operates as an online and mobile commerce company. It engages in the business of selling food products through online retails stores and also operates restaurants in China. The firm operates through three reportable segments: Clean Food Platform, Restaurant and Others. The company was founded on December 4, 2018 and is headquartered in Shenzhen, China.

SHENZHEN, China, Dec. 14, 2020 /PRNewswire/ -- Wunong Net Technology Co. Ltd. ("Wunong" or the "Company") (Nasdaq: WNW), an e-commerce company using an innovative platform to sell a myriad of food products, today announced the pricing of its initial public offering of 5,000,000 shares of its ordinary shares at a price of US$5.00 per share to the public for a total of US$25,000,000 of gross proceeds to Wunong. In addition, the underwriters have purchased 999,910 ordinary shares from a selling shareholder for US$4,999,550 for a total of US$29,999,550 in total gross proceeds from the offering.

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