Core Viewpoint - BUUU Group, a Hong Kong-based event service provider, is set to go public on Nasdaq under the ticker BUUU, aiming to raise $6 million through the issuance of 1.5 million shares at $4 each. The funds will be used for brand enhancement, marketing, service expansion, technology upgrades, and general corporate purposes [1]. Company Overview - BUUU Group operates primarily in event management and stage production, providing comprehensive services for various events [17][20]. - The company reported revenues of $2.87 million for the six months ending December 31, 2024, slightly down from $2.93 million in the same period the previous year [1][67]. Financial Highlights - For the fiscal year ending June 30, 2024, BUUU Group's revenue increased to $5.81 million from $3.54 million in the previous year, indicating growth in event management services [17][67]. - The net income for the fiscal year ending June 30, 2024, was $880,217, up from $330,532 in the previous year [74]. Use of Proceeds - The proceeds from the IPO will be allocated as follows: 25% for enhancing brand recognition and marketing, 25% for expanding service offerings, 20% for integrating advanced technologies, 20% for expansion into the U.S. and Southeast Asia, and 10% for general corporate purposes [91]. Market Overview - The Hong Kong MICE (Meetings, Incentives, Conferences, and Exhibitions) industry is experiencing growth, with a reported 30% increase in large exhibitions in 2023, attracting over 1.3 million overseas visitors [35][36]. - The global MICE market is projected to reach approximately $1.78 trillion by 2030, with a CAGR of 7.5%, positioning Hong Kong to capture a significant share due to its strategic advantages [38]. Competitive Strengths - BUUU Group boasts experienced leadership, with Chairperson Nana Chan having 8 years in the MICE sector and CEO Wai Kwong Poon offering 20 years of leadership experience [44][52]. - The company has established stable relationships with a diverse client base, with its top five customers representing 63.9% of total revenue for the six months ending December 31, 2024 [51].
今晚 美股将再迎1家中企上市 附上市路演PPT
Sou Hu Cai Jing·2025-08-14 06:34