C&K Group, a Hong Kong-based jeweler focused on pearls, raised the proposed deal size for its upcoming IPO on Monday.
The company now plans to raise $9 million by offering 2 million shares at a price range of $4 to $5. It had previously filed to offer 1.5 million shares at the same range. At the midpoint, C&K Group will raise 33% more in proceeds than previously anticipated.
Through its operating subsidiary, C&K Group principally engages in the purchasing, designing, and sales of loose pearls and finished jewelry products. The company currently offers a selection of over 1,000 styles of pearls and finished jewelry products.
C&K Group was founded in 2016 and booked $7 million in sales for the 12 months ended March 31, 2025. It plans to list on the Nasdaq under the symbol CKJ. Revere Securities is the sole bookrunner on the deal.
