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]

Group 1 - TDE Group, a Hong Kong-based provider of educational services and products, has filed for an initial public offering (IPO) with the SEC, aiming to raise up to $7 million [1] - The company plans to issue 1.25 million shares at a price range of $5 to $6 per share, targeting a total fundraising of $6.9 million, which would value TDE Group at approximately $138 million at the midpoint of the proposed range [1] - TDE Group offers various STEAM (Science, Technology, Engineering, Arts, and Mathematics) educational services through its subsidiary Trumptech Digital Education Services, generating revenue from competitions, training courses, hardware, classroom setup services, software licenses, and non-STEAM educational consulting [1] Group 2 - Founded in 1996, TDE Group reported sales of $4 million for the 12 months ending February 28, 2025 [1] - The company plans to list on NASDAQ under the ticker symbol TTEI and submitted its application confidentially on February 7, 2025 [1] - WallachBeth Capital is the sole bookrunner for this transaction [1]