Aigo Holding, a global consumer products provider based in China, filed on Thursday with the SEC to raise up to $10 million in an initial public offering.
The company plans to raise $10 million by offering 2 million shares at a price range of $4 to $6. At the midpoint of the proposed range, Aigo Holding would command a market value of $335 million. The IPO float represents just 3.0% of basic shares outstanding.
Originally commencing operations in Spain, Aigo is a consumer products provider with global operations in Europe, Asia, North America, Latin America, and Africa. In 2024, the company generated revenue from approximately 40 countries and regions in four continents. It has three proprietary brands, and its products primarily span four categories: lighting products, electrical products, household appliances, and pet products.
The Fuzhou, China-based company was founded in 2011 and booked $207 million in sales for the 12 months ended December 31, 2024. It plans to list on the Nasdaq under the symbol AIGO. Eddid Securities and Futures is the sole bookrunner on the deal.
