[Web3Labs Global Submits Application to U.S. SEC for $28 Million IPO] According to Renaissance Capital, Web3 service provider Web3Labs Global has submitted an IPO application to the U.S. Securities and Exchange Commission (SEC), planning to issue approximately 6.3 million shares at a price range of $4 to $5 per share, aiming to raise approximately $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 symbol 'MDAT,' with Eddid Securities and Futures serving as the underwriter for this IPO.