MTC - Mmtec, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+0.0800 (+2.77%)
At close: 4:00PM EDT
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Previous Close2.8900
Bid2.7000 x 900
Ask3.0300 x 1100
Day's Range2.8140 - 3.0500
52 Week Range2.3000 - 19.5500
Avg. Volume411,135
Market Cap59.608M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
Press Releases
  • PR Newswire

    MMTEC, Inc. Announces Private Offering in Asia of US$120 Million Convertible Senior Notes to be Issued by an Investment Fund Sponsored by MMTEC

    BEIJING, Aug. 9, 2019 /PRNewswire/ -- MMTEC, Inc. (MTC) ("MMTec" or the "Company") a China based technology company that provides access to the U.S. financial markets, announced the creation of a Cayman Investment fund (the "Fund") that is sponsored by, and will be managed by MM Capital, a wealth management subsidiary of the Company. The fund will effect a proposed private offering (the "Notes Offering") of US$120 million in aggregate principal amount of convertible senior notes due 2025 (the "Notes"), subject to market and other conditions including compliance with US, Cayman and BVI law and Nasdaq Additional Listing Requirements. The Fund intends to use the net proceeds from the Notes Offering to acquire a yet-to-be determined clearing broker-dealer in the United States and to invest in other yet-to-be determined China-based new economy businesses.

  • PR Newswire

    MMTEC, INC. Announces Acquisition of a 49% Interest In a Newly-Formed Entity called Xchain Fintech PTE.LTD., Singapore corporation

    BEIJING, July 1, 2019 /PRNewswire/ -- MMTEC, Inc. (MTC) ("MMTec" or the "Company") a China based technology company that provides access to the U.S. financial markets, announces the acquisition of a 49% interest in a newly-formed entity called Xchain Fintech PTE.LTD., Singapore corporation. The Company was not required to make a substantial investment in Xchain Fintech PTE.LTD. Xchain Fintech PTE.LTD. has been formed for the purpose of providing technical support for the construction and development of new solutions for the existing problems of the traditional financial industry, the difficulty experienced by investors in investing and allocating investment assets globally, and the protection of funds and investments by using advanced technologies, such as artificial intelligence, big data analysis and blockchain.

  • PR Newswire

    MMTEC, INC. Announces Expansion of Its Business by Adding Investment Banking Service Line

    The underlying objective of this additional line is to help the Company to position itself as an investment and listing guidance service provider for offerings of the PRC-based high-value fast-growth enterprises on the US capital markets. The management believes that this expansion represents an added value that complements the Company's current business focus and its future goals. The Company determined to pursue this expansion following its consideration of the current economic and market conditions in China and the US as well as of various growth trends in those respective markets.

  • PR Newswire

    MMTEC, INC. Announces 2018 Year-End Financial Results

    BEIJING, April 24, 2019 /PRNewswire/ -- MMTEC, Inc. (MTC) ("MMTech" or the "Company") a China based technology company that provides access to the U.S. financial markets announced its financial results for the year ended December 31, 2018. Revenue. MMTech generated revenue commencing in August 2018. For the year ended December 31, 2018, MMTech had revenue from performing professional services for customer of $26,882.

  • GlobeNewswire

    WestPark Capital Announces Pricing and Trading of a Firm Commitment IPO of MMTec Inc. Common Stock

    LOS ANGELES, Jan. 09, 2019 -- WestPark Capital today announced the pricing and trading of a firm commitment IPO of 1,800,000 shares of MMTec Inc. (NASDAQ: MTC) common stock at.

  • PR Newswire

    MMTec, Inc. Announces Pricing of a 1.8 Million Share Firm Commitment Initial Public Offering

    BEIJING, Jan. 8, 2019 /PRNewswire/ -- MMTec, Inc. (the "Company") today announced the pricing of a U.S. underwritten initial public offering ("IPO") of 1,800,000 shares at a price to the public of $4.00 per share. The Company expects to receive aggregate gross proceeds of approximately $7.2 million from this offering, before deducting underwriting discounts, commissions and other related expenses. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 270,000 common shares at the public offering price, less underwriting discounts and commissions.