Thrive Capital Group, which provides integrated investor relation services in Hong Kong, filed on Thursday with the SEC to raise up to $7 million in an initial public offering.
The company plans to raise $7 million by offering 1.4 million shares at a price range of $4 to $6. At the midpoint of the proposed range, Thrive Capital Group would command a market value of $100 million.
Through its operating subsidiary Etoiles Consultancy, the company provides integrated investor relation services in Hong Kong. Its services mainly comprise management of public relations, management of investor relations, tailored due diligence, and other value-added services, such as website design enhancement and promotional video production.
The Hong Kong-based company was founded in 2013 and booked $3 million in revenue for the 12 months ended December 31, 2024. It plans to list on the Nasdaq under the symbol EFTY. Thrive Capital Group filed confidentially on March 6, 2025. Prime Number Capital is the sole bookrunner on the deal.
