Hong Kong cloud enterprise management platform provider Easy Systems Technology (ECST.US) sets IPO price at $5-6 per share, fundraising target increased by 244% to $28 million.

ECST Holdings, a cloud enterprise management platform provider based in Hong Kong, has increased the size of its initial public offering (IPO) fundraising. The company now plans to issue 5 million shares of stock at a price of $5-6 per share, raising $28 million. Previously, the company planned to issue 2 million shares at $4 per share. Based on the new terms of the offering, ECST Holdings' IPO fundraising size will increase by 244% compared to previous expectations. The company plans to list on the Nasdaq under the ticker symbol "ECST". As a technology service provider specializing in cloud-based integrated enterprise resource planning (ERP) solutions, ECST Holdings' core business is to provide digital upgrade services for Hong Kong companies with outdated and fragmented software systems. Their target customers come from various industries including trade, retail, services, and construction. By integrating cloud technology, the company aims to help businesses modernize their management processes. Data shows that the company generated $4 million in revenue in the 12 months ending September 30, 2025.