Nasdaq-Listed China Healthcare Company Pheton Holdings Share Price Decreased -94.6% in 1 Day in Suspected Pump & Dump Scheme (28/7/25 Closing: $30.96, 29/7/25 Closing: $1.96), Current Market Value at $15.6 Million, Raised $9 Million in 2024 IPO
31st July | Hong Kong
Nasdaq-listed China healthcare company Pheton Holdings share price has decreased -94.6% in 1 day in suspected pump & dump scheme (28/7/25 Closing: $30.96, 29/7/25 Closing: $1.96). Pheton Holding current market value is at $15.6 million, and raised $9 million in 2024 IPO. Pheton Holdings Ltd is a holding company incorporated in the Cayman Islands on November 2, 2022. In 2022, we underwent a series of corporate reorganizations in anticipation of our initial public offering, including incorporation of our company as the listing vehicle, incorporation of our overseas holding companies, and issuance of shares to shareholders of the PRC operating entity, Beijing Feitian Zhaoye Technology Co., Ltd., or Beijing Feitian. As a holding company with no material operations of our own, we conduct our operations through Beijing Feitian, the operating entity in China. Overview – Beijing Feitian, our PRC operating entity, is a healthcare solutions provider dedicated to developing and commercializing treatment software and devices used for brachytherapy. Its proprietary treatment planning system is a type of radiation therapy used in treating cancer patients by placing radioactive sources inside the patient that kill cancer cells and shrink tumors. Our proprietary treatment planning system, FTTPS, is designed to promote the efficiency, accuracy, and safety of brachytherapy. FTTPS is an advanced and user-oriented treatment planning system, or TPS, for treating a wide variety of malignant tumors, which can determine the target volume, prescription dose, and dose limitation to protect OARs and produce a safe, effective, and accurate dose distribution plan for brachytherapy for cancer patients.
“ Nasdaq-Listed China Healthcare Company Pheton Holdings Share Price Decreased -94.6% in 1 Day in Suspected Pump & Dump Scheme (28/7/25 Closing: $30.96, 29/7/25 Closing: $1.96), Current Market Value at $15.6 Million, Raised $9 Million in 2024 IPO “
Nasdaq-Listed China Healthcare Company Pheton Holdings Share Price Decreased -94.6% in 1 Day in Suspected Pump & Dump Scheme (28/7/25 Closing: $30.96, 29/7/25 Closing: $1.96), Current Market Value at $15.6 Million, Raised $9 Million in 2024 IPO
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