Hong Kong education company TTEI.US IPO pricing of 5-6 dollars per share, fundraising scale increased by 126% to 17 million dollars.
TDE Group currently plans to issue 3 million shares of stock at a price of $5 to $6 per share, raising a total of $17 million in funds.
Hong Kong-based education-related service and product provider TDE Group expanded the proposed size of its upcoming initial public offering (IPO) on Friday. The company currently plans to issue 3 million shares at a price of $5 to $6 per share, raising $17 million in funds. The company had previously applied to issue 1.3 million shares at the same price range. The funds the company plans to raise now are 126% more than previously expected. The company plans to list on Nasdaq under the stock code "TTEI".
TDE Group, through its operating subsidiary TrumpTech Digital Education Services, provides various education services in Hong Kong covering topics such as science, technology, engineering, arts, and mathematics. Its revenue sources include organizing carnivals and competitions, providing training courses, hardware sales, classroom environment setup services, software licensing, and non-STEAM education consulting services. Data shows that the company achieved revenue of $5 million in the 12 months ending on August 31, 2025.
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