The issuance size has been increased by 25%, Roche Business Group (LSBA.US) plans to raise $31 million through an IPO in the United States.

date
16:24 27/05/2026
avatar
GMT Eight
Hong Kong financing consulting service provider Roche Business Group plans to increase the IPO issuance size by 25% before heading to the US. The company aims to raise $31 million and is expected to have a market value of $69 million.
Law's Business Group Holding, a financing, accounting, and corporate services provider headquartered in Hong Kong, raised its planned IPO size on Tuesday. The company is now planning to issue 6.3 million shares at a price range of $4 to $6 per share, raising $31 million. The company had previously planned to issue 5 million shares at the same price range, with an initial planned issuance of 1.5 million shares. Based on the mid-point of the adjusted issuance size, Law's Business Group's fundraising amount will increase by 25% from previous expectations, and the company's market value will reach $69 million (a 10% increase from previous terms). The company provides credit services (accounting for 67% of revenue in fiscal year 2025) and corporate consulting services (accounting for 33% of revenue in fiscal year 2025), completing a total of 296 client transactions in the fiscal year ending March 31, 2025. Its credit services include eligibility assessment, application assistance, and consulting services for residential financing and small and medium-sized enterprise financing; while its corporate services include accounting services such as financial reporting and tax calculations. Law's Business Group Holding was founded in 2021 and achieved revenue of $3 million in the 12 months ending September 30, 2025. The company plans to list on the Nasdaq under the stock symbol "LSBA," with Cathay Securities acting as the exclusive bookrunner for this offering.