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HTFL’S CLIENT HAOXI HEALTH TECHNOLOGY LIMITED SUCCESSFULLY CLOSED ITS INITIAL PUBLIC OFFERING

Ying Li Joan Wu Lisa Forcht

On January 30, 2024, Haoxi Health Technology Limited (the “Company”) (NASDAQ: HAO), an online marketing solution provider headquartered in Beijing, China, closed its initial public offering (the “Offering”) of 2,400,000 Class A ordinary shares at a public price of US$4.00 per Class A ordinary share. The Company received aggregate gross proceeds of US$9.60 million from the Offering, before deducting underwriting discounts and other related expenses.

The Class A ordinary shares commenced trading on the Nasdaq Capital Market on January 26, 2024, under the symbol “HAO.” 

EF Hutton LLC was the representative of the underwriters for the Offering.  Hunter Taubman Fischer & Li LLC (“HTFL”) acted as U.S. securities counsel to the Company.  HTFL is a boutique law firm specializing in corporate, commercial and securities transactions, cross-border financing, immigration and taxation. Our team of lawyers works together so our clients can benefit from astute business experience and sophisticated legal solutions.

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