Lorenzo Developments, a Toronto-based real estate development and consulting services provider, filed on Friday with the SEC to raise up to $10 million in an initial public offering.
The Toronto, Canada-based 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, Lorenzo Developments would command a market cap of $100 million.
The company is engaged in providing real estate-related services, consisting of real estate management and consulting, integrating market research, zoning analysis, and urban planning insights to deliver informed and practical guidance.
The company was founded in 2016 and booked $1 million in revenue for the 12 months ended March 31, 2025. It plans to list on the Nasdaq under the symbol LCDC. Lorenzo Developments filed confidentially on July 9, 2025. American Trust Investment Services is the sole bookrunner on the deal.
