PR Newswire | Jul 29, 2020 11:30AM EDT

07/29 10:30 CDT

RM LAW Announces Investigation of ECMOHO Ltd. BERWYN, Pa., July 29, 2020

BERWYN, Pa., July 29, 2020 /PRNewswire/ -- RM LAW, P.C. announces an investigation on behalf of ECMOHO Ltd. ("ECMOHO" or the "Company") (NASDAQ: MOHO) investors concerning the Company and its officers' possible violations of federal securities laws.

Our investigation concerns potential material misstatements and violations of federal securities laws pursuant to its November 2019 initial public offering ("IPO"). On November 8, 2019, ECMOHO completed its IPO offering approximately 4.4 million shares at $10 per share and raising $48 million in proceeds. Since its IPO, ECMOHO's stock has precipitously declined and by July 20, 2020, shares of ECMOHO closed at only $2.07 per share, representing a staggering decline of approximately 79% from its IPO share price. The stock continues to trade around a little over $2 per share.

If you purchased shares of ECMOHO and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here.

For more information regarding this, please contact RM LAW, P.C. (Richard A. Maniskas, Esquire) toll-free at (844) 291-9299 or by email at rm@maniskas.com or click here. For more information about class action cases in general or to learn more about RM LAW, P.C. please visit our website by clicking here.

RM LAW, P.C. is a national shareholder litigation firm. RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

CONTACT:RM LAW, P.C.

Richard A. Maniskas, Esquire

1055 Westlakes Dr., Ste. 300

Berwyn, PA 19312

484-324-6800

844-291-9299

rm@maniskas.com

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SOURCE RM LAW, P.C.