The IT service company Altech Digital (ALD.US) based in Hong Kong has withdrawn its $6 million US stock IPO plan.

Hong Kong IT systems development, maintenance, and consulting service provider Altech Digital (ALD.US) on Tuesday withdrew its initial public offering plan. The company had applied in August 2025 to issue 1.5 million shares at a price of $4 per share, aiming to raise $6 million in funds, with the last update to the prospectus made in November of last year. Through its operating subsidiary Altech (Hong Kong), the company provides two types of IT services: system development services involving web systems and mobile app development, and post-development maintenance and consulting services for developed systems. Established in 2022, this Hong Kong-based company achieved revenue of $3 million in the 12 months ending on March 31, 2025. The company had originally planned to list on the NASDAQ under the stock symbol "ALD". Pacific Century Securities and Revere Securities were set to act as joint bookrunners for this offering.