Core Viewpoint - Hong Kong-based cloud enterprise management platform provider EasySys Technology (ECST.US) has filed for an initial public offering (IPO) with the SEC, aiming to raise up to $9 million through stock issuance [1][2] Group 1: IPO Details - The company plans to issue 2 million shares at an initial price of $4 per share, targeting a fundraising amount of $8 million [1] - Under SEC regulations, if market demand is strong, underwriters may issue an additional 15% of shares (300,000 shares), potentially increasing total fundraising to $9 million [1] - The proposed valuation of EasySys Technology is estimated at $88 million based on the proposed share price [1] Group 2: Business Focus - EasySys Technology specializes in integrated cloud-based enterprise resource planning (ERP) solutions, primarily serving businesses in Hong Kong with outdated and fragmented software systems [1] - The company's target clients span various industries, including trade, retail, services, and construction, aiming to facilitate digital upgrades and modernize management processes [1] Group 3: Financial Performance - For the 12 months ending March 31, 2025, EasySys Technology reported revenue of $4 million [2] - The company is set to list on the NASDAQ under the ticker symbol ECST, with Eddid Securities and Futures acting as the sole bookrunner for the offering [2] - Established in 2012, EasySys Technology is leveraging capital markets to accelerate the promotion of its cloud ERP solutions in Hong Kong and potential international markets [2]
香港企业管理公司易系科技(ECST.US)IPO发行价4美元 筹资800万美元
Zhi Tong Cai Jing·2025-08-14 08:17