Hong Kong-based Creative Greater China has submitted an application for a US IPO, planning to raise $8 million

Zhitong
2024.08.19 14:54
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Hong Kong-based Cre8 Enterprise submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) on Monday. The company plans to issue 1.8 million shares at a price range of $4 to $5 per share, raising $8 million. At the midpoint of the proposed price range, Cre8 Enterprise's fully diluted market value will reach $109.1 million, with an enterprise value of $110.5 million. Cre8 Enterprise specializes in providing comprehensive financial printing services around the clock for listed companies in Hong Kong, IPO applicants, and private companies. Their services include conceptual design, art design, typesetting, proofreading, printing, and document submission to exchanges, aiming to provide full support to clients in the financial and capital markets. Established in 2006, Cre8 Enterprise generated $15 million in revenue in the 12 months ending on December 31, 2023. The company plans to list on the Nasdaq with the stock code CRE. Benjamin Securities and Prime Number Capital are the underwriters for this transaction

According to the financial news app Zhitong Finance, Hong Kong company Cre8 Enterprise submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) on Monday. The company plans to issue 1.8 million shares at a price range of $4 to $5 per share, raising $8 million. At the midpoint of the proposed price range, Cre8 Enterprise's fully diluted market value will reach $109.1 million, with an enterprise value of $110.5 million.

Cre8 Enterprise specializes in providing comprehensive financial printing services around the clock for listed companies, IPO applicants, and private companies in Hong Kong. Their services include conceptual design, artistic design, typesetting, proofreading, printing, and submission of documents to exchanges, aiming to provide full support to clients in the financial and capital markets.

Established in 2006, Cre8 Enterprise generated $15 million in revenue in the 12 months ending on December 31, 2023. The company plans to list on the Nasdaq with the stock code CRE. Benjamin Securities and Prime Number Capital are the underwriters for this transaction