Hong Kong digital marketing company PressLogic (PLAI.US) applies for a US stock IPO with plans to raise $12 million.

PressLogic, a digital marketing service provider headquartered in Hong Kong and covering the Taiwan region, submitted documents to the U.S. Securities and Exchange Commission (SEC) on Wednesday, planning to raise up to $12 million through an initial public offering (IPO). The company provides digital marketing services in Hong Kong and Taiwan, with content marketing solutions covering two main areas: digital marketing solutions business, including editorial content creation, influencer marketing, and display advertising; and display banner advertising business, including direct advertising and programmatic advertisements. According to the prospectus, as of the filing date, PressLogic operates 9 proprietary media brands, with over 12 million fans and subscribers in total. Its platforms include 9 websites, 5 mobile applications (APPs), 11 Facebook fan pages, 11 Instagram accounts, and 8 YouTube channels. Founded in 2016 in Hong Kong, the company generated revenue of $15 million in the 12 months ending June 30, 2025. The IPO is planned to be listed on the NASDAQ stock exchange under the ticker symbol "PLAI". It was reported that the company secretly filed on May 9, 2025, with American Trust Investment Services being the exclusive bookrunner for the offering. The company has not disclosed the specific pricing terms yet.