news

A financial printing service provider from China submitted a prospectus for listing in the United States, expecting to raise US$8 million

2024-08-21

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Last night, Cre8 Enterprise, a financial printing service provider from China, publicly submitted documents for listing in the United States to the SEC. The company plans to issue 1.75 million Class A common shares at an issue price of US$4-5 and plans to list on the Nasdaq with the stock code: CRE. The company's shares are divided into Class A and Class B shares, with a corresponding voting rights ratio of 1:20.

After this issuance, the company's major shareholder Cre8 Investments Limited will hold a total voting right ratio of 87.87% (excluding over-allotment rights). Note: Cre8 Investments Limited is a limited liability company incorporated under the laws of the BVI, which is 57.14% owned by Mr. Seng Jin LEE, 14.29% owned by Mr. Xian Hong Jordan LEE and 28.57% owned by Mr. Kit Ying SHAM.