SAN DIEGO & SHANGHAI–(BUSINESS WIRE)–$MOHO #ClassAction–Shareholder rights law firm Robbins LLP reminds shareholders that it is investigating ECMOHO Ltd. (NASDAQ: MOHO) for potential material misstatements and violations of federal securities laws pursuant to its November 2019 initial public offering (“IPO”). On November 8, 2019, ECMOHO completed its IPO offering approximately 4.4 million shares at $10 per share and raising $48 million in proceeds. Since its IPO, ECMOHO’s stock has precipitously declined and by July 20, 2020, shares of ECMOHO closed at only $2.07 per share, representing a staggering decline of approximately 79% from its IPO share price. The stock continues to trade around a little over $2 per share.
If you purchased shares of ECMOHO stock in its November 2019 IPO at $10 per share, click here.
ECMOHO Ltd. (MOHO) Shareholders Have Legal Options
Contact us to learn more:
Lauren Levi
(800) 350-6003
llevi@robbinsllp.com
Shareholder Information Form
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Contacts
Lauren Levi
Robbins LLP
5040 Shoreham Place
San Diego, CA 92122
llevi@robbinsllp.com
(800) 350-6003
www.robbinsllp.com
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