December 11, 2023

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Large yellow signboard on metal frame with the word IPO

By Val Kennedy, 



China’s Golden Sun Education Group (GSUN) has disclosed additional details about its planned $20M US initial public offering.

The tutorial services group plans to offer 4.4M ordinary shares priced between $4 and $5 per share. If priced at the midpoint of that range, the deal would raise around $20M.

Underwriters would be granted a 45-day option to purchase up to 15% more shares. Network 1 Financial Securities is serving as underwriter for the deal.

For the fiscal year 2021, Golden Sun reported a net income of $2.2M on revenue of $13.5M.

Incorporated in the Cayman Islands, Golden Sun conducts business in China through operating entities. It is a...

Initial public offering hologram, night panoramic city view of Bangkok. The financial center for multinational corporations in Asia. The concept of boosting the growth by IPO process. Double exposure.

By Val Kennedy,



Infinite Group (OTCQB:IMCI) has filed to uplist its shares to Nasdaq and conduct a $15M...


By Sophia Kunthara,

Driverless truck company Plus is considering listing its operations that aren’t based in China in a U.S. IPO, Bloomberg reported this week.


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