Core Viewpoint - KWF Group Holding, a Hong Kong civil engineering subcontractor, has filed for an IPO with the SEC to raise up to $8 million, aiming for a market valuation of $108 million post-listing [1] Company Overview - KWF Group specializes in public infrastructure projects, including earthworks, road drainage, sewer systems, and structural steel engineering [1] - The company holds multiple engineering category registrations recognized by the Hong Kong government and has a long history of participating in government-led infrastructure projects [1] Financial Performance - For the 12 months ending February 28, 2025, KWF Group reported approximately $13 million in revenue [1] IPO Details - The IPO application was submitted confidentially on May 14, 2025, with plans to list on the NASDAQ, although the final stock code is yet to be determined (temporary code: KWFG.RC) [1] - Pacific Century Securities and Revere Securities are appointed as joint bookrunners for the offering [1] - The IPO application is pending SEC approval, and the issuance timeline and pricing may adjust based on market conditions [1]