CALM Chain International Limited has filed for an initial public offering of 5 million shares on the Nasdaq, with a proposed price range of $5 to $7 per share, according to a regulatory filing.
The blockchain technology company aims to raise as much as $35 million in the IPO, pending market conditions and regulatory approvals. The filing does not specify a target date for the listing or the allocation of proceeds.
The proposed offering represents a significant step for CALM Chain International, which has not previously disclosed financial metrics or operational details in public filings. The company’s business model centers on blockchain infrastructure, though specifics about its revenue streams, customer base, or competitive positioning remain undisclosed in the filing.
Underwriters for the offering were not named in the preliminary prospectus. The Nasdaq listing would mark the company’s debut on a major U.S. exchange, providing access to broader investor participation compared to private markets.
The filing follows a recent wave of blockchain-related IPOs seeking to capitalize on renewed interest in digital asset technologies amid evolving regulatory frameworks.
