Group 1 - Two Chinese companies, ECST Holdings Limited and JM Group Limited, have submitted their IPO applications to the SEC for listing on NASDAQ [1][8] - ECST Holdings Limited plans to issue 2 million shares at a price of $4 per share, aiming to raise $8 million [3] - JM Group Limited intends to issue 3.75 million shares at a price range of $4 to $5 per share, targeting to raise between $15 million and $18.75 million [11] Group 2 - ECST Holdings Limited reported revenues of $3.96 million and $2.12 million for the fiscal years ending September 30, 2024, and March 31, 2025, respectively, with net profits of $890,000 and $550,000 [3] - JM Group Limited's revenues for the same periods are projected to be $28.48 million and $18.94 million, with corresponding net profits of $910,000 and $1.6 million [12] Group 3 - ECST Holdings Limited is based in Hong Kong and provides cloud-based ERP solutions [3] - JM Group Limited, also headquartered in Hong Kong, operates as a commodity procurement supplier, wholesaling various products [11]
IPO速递丨易系科技等2家中企赴美递交IPO 拟纳斯达克上市
Sou Hu Cai Jing·2025-08-14 06:34