Chinese financial software developer GIT.US withdraws US IPO application, originally planned to raise $20 million

The company initially filed for an IPO with the US Securities and Exchange Commission (SEC) in December 2023, aiming to raise up to $20 million. The company originally planned to list on Nasdaq under the stock code "GIT." Reportedly, the company was founded in 2020 with headquarters in Shenzhen, China, and generated $15 million in revenue in the 12 months ended September 30, 2024.