Hong Kong restaurant operator CSC Collective (CSC.US) has set the IPO price at $4-5 per share, aiming to raise $7 million.

CSC Collective Holdings, which operates two high-end Japanese restaurants in Hong Kong, submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission on Monday. The Hong Kong-based company plans to issue 1.5 million shares at a price range of $4 to $5 per share, raising $7 million. Based on the proposed price range's midpoint, CSC Collective Holdings' market value will reach $70 million. CSC Collective's portfolio includes Teppanyaki Mihara Goten, which is a comprehensive Japanese restaurant, and Sukiyaki Nakagawa, a restaurant specializing in traditional Japanese sukiyaki. These two restaurants are located in the popular dining areas of Causeway Bay and Wan Chai in Hong Kong. Founded in 2022, CSC Collective generated $5 million in revenue during the 12-month period ending on April 30, 2025. The company plans to list on the Nasdaq with the stock symbol "CSC". CSC Collective submitted the application secretly on August 20, 2025. Revere Securities is the sole underwriter for this transaction.