[Web3Labs Global Plans to Raise $28 Million Through IPO] Odaily Planet Daily reports that Hong Kong-based Web3 service provider Web3Labs Global has filed an IPO application with the U.S. Securities and Exchange Commission (SEC). The company plans to issue approximately 6.3 million shares at a price range of $4 to $5 per share, aiming to raise about $28 million. Based on the midpoint of the offering range, the company's valuation for this fundraising transaction is approximately $141 million. It is reported that Web3Labs Global plans to list on Nasdaq under the stock ticker 'MDAT,' with Eddid Securities and Futures serving as the underwriter for this IPO. (Renaissance Capital)