IPO - MDB Capital Holdings, LLC

Form Type: 10-Q

Filing Date: 2025-05-12

Corporate Action: Ipo

Type: Update

Accession Number: 000164117225009686

Filing Summary: MDB Capital Holdings, LLC filed its quarterly report for the period ending March 31, 2025. The report details that as of May 12, 2025, there were 4,950,632 outstanding shares of Class A Common Shares, which represent limited liability interests. The financial statements showed a total assets value of $68,626,418 and total liabilities of $1,640,020. The report disclosed a net loss of $6,601,793 for the three months ended March 31, 2025, primarily attributed to operating costs and unrealized losses on investment securities. The company is operating as a smaller reporting company and emerging growth company. Additionally, MDB Capital Holdings completed an IPO on September 20, 2023, selling 1,666,666 shares at $12.00 each for gross proceeds of approximately $19.99 million. Key aspects of the financial performance and operations are covered, including total operating income, which was noted at $828,098, and the overall equity of the company, which stands at $66,986,398.