Linkhome Holdings says it’s only “scratched the surface” in its bid to bring artificial intelligence to the real estate market.
Its platform uses AI to provide highly accurate real estate models for finding homes, while it also assists users with cash offers and so-called flash sales.
Linkhome told the SEC earlier this month it plans to list shares on the Nasdaq Capital Market under the ticker LHAI.
The Irvine-based company plans to raise $5 million by offering 1.25 million shares at a price of $4 apiece, according to an Oct. 1 regulatory filing.
The market cap would be about $63 million at the mid-point of pricing.
Linkhome reported a profit of about $91,000 on revenue of $3.4 million for the six months ended June 30, compared with a profit of about $12,000 on revenue of $49,000 a year earlier, according to the preliminary prospectus.
Forward-Looking AI
“We focus on developing forward-looking AI home search technology combined with financial innovation to create a better real estate platform,” founder and CEO Zhen “Bill” Qin told the Business Journal in June. “This sets us apart from other platforms by offering a more advanced and intuitive home-searching experience.”
