Core Viewpoint - Etoiles Capital Group successfully listed on NASDAQ, with a first-day increase of 22.00%, closing at $4.88 after raising $6 million by issuing 1.4 million shares at $4 each, the lower end of the pricing range of $4 to $6 [1] Company Overview - The company, formerly known as Thrive Capital Group, provides comprehensive investor relations services in Hong Kong through its subsidiary, Etoiles Consultancy [1] - Core services include public relations management, investor relations maintenance, customized due diligence, website design optimization, and promotional video production [1] Financial Details - The IPO was managed exclusively by Prime Number Capital, indicating a focused approach to capital management [1]

Core Viewpoint - Etoiles Capital Group successfully listed on NASDAQ, with a first-day increase of 22.00%, closing at $4.88 after raising $6 million by issuing 1.4 million shares at $4 each, the lower end of the pricing range of $4 to $6 [1] Company Overview - The company, formerly known as Thrive Capital Group, provides comprehensive investor relations services in Hong Kong through its subsidiary, Etoiles Consultancy [1] - Core services include public relations management, investor relations maintenance, customized due diligence, website design optimization, and promotional video production [1] Financial Details - The IPO was managed exclusively by Prime Number Capital, indicating a focused approach to capital raising [1]

Group 1 - The core viewpoint of the article highlights that Etoiles Capital Group (EFTY.US) successfully listed on NASDAQ, with its stock price rising by 22.00% on the first trading day, closing at $4.88 [1] - The company raised $6 million by issuing 1.4 million shares at a price of $4 per share, which is at the lower end of the pricing range of $4 to $6 [1] - Etoiles Capital Group, formerly known as Thrive Capital Group, provides comprehensive investor relations services in Hong Kong through its subsidiary, Etoiles Consultancy [1] Group 2 - The core services offered by the company include public relations management, investor relations maintenance, customized due diligence, website design optimization, and promotional video production [1] - Prime Number Capital acted as the exclusive bookrunner for this issuance [1]

Core Viewpoint - Three companies submitted IPO applications to the SEC, with two from China seeking to list on NASDAQ, indicating a trend of Chinese firms entering the U.S. capital markets [1]. Company Summaries 1. Xin Cheng - Xin Cheng Consulting Limited, under Thrive Capital Group Co., Ltd, filed for an IPO with the ticker symbol EFTY, aiming to raise between $5.6 million and $8.4 million by offering 1.4 million shares at a price range of $4 to $6 per share [2][3]. - The company, headquartered in Hong Kong, provides comprehensive investor relations services, including public relations management and due diligence [3]. - Financial performance shows revenue growth from $630,000 in 2023 to $2.53 million in 2024, with net income increasing from $32,696 to $852,499 in the same period [3]. - The ownership structure indicates that Kit Shing Cheung holds 94.94% of the shares prior to the IPO [7]. 2. Hang Feng International - Hang Feng International Asset Management Limited, under Hang Feng Technology Innovation Co., Ltd, also filed for an IPO with the proposed ticker FOFO, seeking to raise $5.5 million by offering 1.38 million shares at $4 each [8][9]. - The company is based in Hong Kong and operates primarily in corporate management consulting and asset management services [9]. - Financial data reveals a revenue increase from $119,534 in 2023 to $2.03 million in 2024, with a turnaround in net income from a loss of $919,173 to a profit of $866,769 [10]. - Qian Fenglei holds 75.61% of the shares before the IPO [15].