MOKO Social Media Limited (ASX:MKB) will list on the US NASDAQ stock exchange in an effort to raise US$8.25 million.
The social media company will list on Friday morning US time with an American Depositary Share price of US$7.50, each ADS will be worth 40 fully paid MOKO shares.
The company says its US mobile advertising business is growing strongly with a 247 per cent increase in monthly sales since December 2013.
MOKO Social reported a net loss of $5.2 million in the first half of the 2014 financial year.
