Hong Kong Enterprise Creative Greater China (CRE.US) submits an IPO application for US stocks, planning to raise 8 million US dollars.

Hong Kong company Cre8 Enterprise submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) on Monday, planning to issue 1.8 million shares of stock at a price 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 Hong Kong listed companies, IPO applicants, and private companies. Their services include conceptual design, graphic design, typesetting, proofreading, printing, and submission of documents to stock exchanges, aiming to provide all-round support for clients in the finance and capital markets. Founded in 2006, Cre8 Enterprise recorded revenue of $15 million in the 12 months ending 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.