Hong Kong sustainable building materials developer GreenVector (GRVT.US) sets IPO price at $4-6 per share, aiming to raise $10 million.

Hong Kong's sustainable building materials developer GreenVector Holdings submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) last Friday. The company plans to issue 2 million shares of stock at a price of $4-6 per share to raise $10 million. GreenVector plans to list on the Nasdaq under the stock symbol "GRVT". GreenVector is a leading developer of sustainable building solutions in Hong Kong, focusing on producing eco-friendly products made from recycled materials, such as eco-glass bricks and air-pollution removal paving bricks. Through its operating subsidiary, the company serves over 50 corporate clients, primarily large construction companies in Hong Kong. Its distribution business has always been managed by its affiliate, TioStone Environmental Limited. The company has established a localized supply chain for recycled materials through partnerships and continues to research and develop new low-carbon materials. Data shows that the company had revenue of $5 million in the 12 months ending September 30, 2025.