 SHANGHAI, China, Aug. 05, 2021 GLOBE NEWSWIRE -- ECMOHO Limited Nasdaq: MOHO ECMOHO or the Company, an integrated solutions provider in the health and wellness market in China, today announced the closing of an underwritten public offering of 10 million American Depositary Shares ADSs at an offering price of US0.90 per ADS for gross proceeds to the Company of US9 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company, and assuming the underwriter does not exercise the option to purchase additional ADSs. Each ADS represents four Class A ordinary shares of the Company. The Company intends to use the net proceeds from this offering for investment in its SaaS platform, working capital and general corporate purposes. 