Hong Kong interior design company Mint (MIMI.US) submitted an IPO application, planning to raise up to $8 million in funds.
Provider Mint, specializing in interior design and construction projects, submitted an initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) on Wednesday, aiming to raise up to $8 million in funds.
Provider of interior design and renovation engineering services Mint submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) on Wednesday, aiming to raise up to $8 million. The Hong Kong-based company plans to issue 1.8 million shares at a price range of $4 to $5 per share. Based on the midpoint of the proposed price range, the company's market value will reach $102.4 million.
Mint offers integrated and industry-specific interior design and renovation engineering services, primarily targeting commercial properties including retail stores, restaurant chains, office spaces, and luxury residential properties.
Established in 2018, the company generated sales of $4 million in the past 12 months ending March 31, 2024. Mint plans to list on the Nasdaq under the stock symbol MIMI. Benjamin Securities and Prime Number Capital are the joint bookrunners for this transaction.
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GREENTOWN MGMT (09979) spent approximately HK$1.8148 million to repurchase 600,000 shares on October 16th.
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