Hong Kong IT service company Altech Digital (ALD.US) applies for listing in the United States, planning to raise $6 million.
Altech Digital plans to issue 1.5 million shares of stock at a price of $4 per share, with a goal of raising $6 million.
Altech Digital, a provider of IT system development, maintenance, and consulting services based in Hong Kong, submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) on Thursday. The company plans to issue 1.5 million shares at a price of $4 per share, with a goal of raising $6 million. Altech Digital plans to list on the Nasdaq under the ticker symbol "ALD".
Founded in 2022, Altech Digital offers two types of information technology services through its operating subsidiary Altech Hong Kong: system development services (including developing internet-based systems and mobile applications) and maintenance and consulting services after system development. Data shows that the company had a revenue of $3 million for the 12 months ending March 31, 2025.
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