2025年10月10日，中国VR及其他电子应用光学显示模块开发商 Boundless Group 周五向美国证券交易 委员会提交了IPO申请，拟募资至多1800万美元。 Boundless Group 公司计划发行400万股股票，发行价区间为4美元至5美元，募资1800万美元。按拟议发 行价区间的中间价计算，Boundless Group 的市值将达到1.98亿美元。公司计划在纳斯达克上市，股票代 码为BLTG。老虎证券（Tiger Brokers）是此次交易的唯一账簿管理人。 宏业金融声明：宏业金融集团（简称"宏业金融"）为开曼群岛合法注册公司，是国内知名的境外IPO上 市和融资专业辅导服务机构。宏业金融集团旗下马来西亚公司-恒生顾问公司（英文：Hexcellence Consulting）于2023年6月1日正式入选成为"OTC Markets"优质咨询机构成员，是亚洲唯一一家"美国 OTC市场优质咨询服务提供商"。宏业金融集团于2019年1月在中国大陆正式注册"弘业财务咨询（深 圳）有限公司"展业，主要为国内富有潜质的中小企业赴美上市和海外融资、并购提供全流程咨询和顾 问服务。 欢迎行业伙伴和读者基于非 ...

Core Viewpoint - Boundless Group, a developer of optical display modules based in Nanjing, China, has filed for an IPO with the intention to raise up to $18 million, planning to list on NASDAQ under the ticker symbol BLTG [2][3]. Company Overview - Boundless Group specializes in optical display technology, designing, developing, and selling optical display modules and related products for virtual reality (VR), augmented reality (AR), consumer electronics, and other emerging industries [3]. - The company serves over 20 clients in China and international markets, providing comprehensive optical solutions that include design, engineering, and supply chain management [3]. Financial Performance - For the 12 months ending June 30, 2025, Boundless Group reported revenues of $26 million, a significant increase of 139.94% from $10.92 million in 2024 [7]. - The cost of revenues also rose to $24.48 million, up 137.5% from $10.30 million in the previous year [7]. - Gross profit increased to $1.72 million, reflecting a growth of 179.3% compared to $616,230 in 2024 [7]. - Total operating expenses rose to $3.37 million, a 59.3% increase from $2.11 million in 2024 [7]. - The net loss for the period was $1.79 million, which is a 6.27% increase from a loss of $1.69 million in the previous year [7]. IPO Details - The company plans to issue 4 million shares at a price range of $4 to $5 per share, which would give Boundless Group a market capitalization of approximately $198 million at the midpoint of the proposed range [3]. - The IPO application was initially submitted confidentially on March 14, 2025 [7]. Underwriting - Tiger Brokers is the sole bookrunner for this IPO transaction [8].