Hong Kong restaurant operator CSC Collective (CSC.US) doubles IPO issuance size to make a push for Nasdaq listing.

Hong Kong's well-known restaurant operator CSC Collective Holdings, which operates two high-end Japanese restaurants in Hong Kong, raised the proposed transaction size for its upcoming IPO on the US stock market on Wednesday. The company, based in Hong Kong, plans to issue 4.5 million shares of stock at a price range of $4 to $5 per share, raising $20 million. The company had previously filed to issue 1.5 million shares of stock at the same price range. Based on the revised transaction size, the latest fundraising by CSC Collective Holdings will exceed expectations by 200%. Under the revised IPO terms, CSC Collective Holdings will meet the new listing requirements of the Nasdaq, enabling it to qualify for an IPO on the US stock market; these requirements include a minimum float of shares worth $15 million. CSC Collective Holdings' portfolio includes the comprehensive Japanese restaurant Teppanyaki Mihara Goten, and the restaurant Sukiyaki Nakagawa specializing in traditional Japanese sukiyaki. These restaurants are located in Causeway Bay and Wan Chai, popular dining areas in Hong Kong. Public information shows that CSC Collective Holdings was established in 2022, and recorded approximately $7 million in revenue in the 12 months ending October 31, 2025. The company plans to list on the US Nasdaq market with the stock trading symbol "CSC". Z2 Capital and Revere Securities serve as joint bookrunners for this transaction.