Hong Kong boutique investment bank Sibo Holdings (SIBO.US) has submitted an IPO application to the US stock market, aiming to raise $7 million.

Hong Kong boutique investment bank and financial service provider Sibo Holding submitted an IPO application to the US Securities and Exchange Commission (SEC) on Tuesday, planning to raise up to $7 million. The company noted that through its subsidiary StormHarbour HK, it has raised over $900 million in funds for clients over the past three years through various types of transactions such as loans and equity sales. StormHarbour HK's revenue mainly comes from service fees and commissions, including commissions charged as introducing brokers. StormHarbour HK divides its business into two departments: Capital Markets, focusing on private equity, private debt financing, and financial consulting services; and Asset Management, which includes fund management, investment solutions, wealth management, and private banking account consulting. The company's history dates back to the establishment of its subsidiary in 2009, with revenue of $7 million in the 12 months ending December 31, 2024. The company plans to list on the Nasdaq under the ticker symbol SIBO. Sibo Holding secretly submitted the application on March 25, 2025. R.F. Lafferty is the sole bookrunner for this deal.