Group 1: TDE Group - TDE Group, an education service provider based in Hong Kong, has filed for an IPO in the US, aiming to raise up to $7 million [2] - The company plans to issue 1.25 million shares at a price range of $5 to $6, with a proposed valuation of $138 million based on the midpoint of the price range [2] - TDE Group offers various STEAM education services through its subsidiary Trumptech Digital Education Services, generating revenue from events, training courses, hardware, classroom setup services, software licenses, and non-STEAM educational consulting [2] - Founded in 1996, TDE Group reported sales of $4 million for the 12 months ending February 28, 2025, and plans to list on NASDAQ under the ticker TTEI [2] - WallachBeth Capital is the sole bookrunner for this transaction [2] Group 2: Billion Group - Billion Group, a high-end food distributor based in Hong Kong, has submitted an IPO application in the US, seeking to raise up to $8 million [3] - The company intends to issue 1.6 million shares at a price range of $4 to $6, with a proposed market capitalization of $100 million based on the midpoint of the price range [3] - Billion Group supplies premium and scarce high-end food products, including frozen foods (60% of revenue), fine wines and spirits (24%), high-end seafood (15%), and other food items (1%) [3] - Established in 2015, Billion Group reported revenue of $7 million for the 12 months ending December 31, 2024, and plans to list on NASDAQ under the ticker BGHL [3] - US Trust Investment Services is the sole bookrunner for this transaction [3]
又两家中国企业递交纳斯达克申请,并设定IPO条款,Billion/尊科
Sou Hu Cai Jing·2025-09-01 09:14