MediaOn Group, which provides digital marketing and advertising solutions to Hong Kong companies, filed on Wednesday with the SEC to raise up to $20 million in an initial public offering.
The Hong Kong-based company plans to raise $20 million by offering 3.9 million shares (49% secondary) at a price range of $4 to $6. At the midpoint of the proposed range, MediaOn Group would command a market cap of $110 million.
MediaOn's offerings include three main business groups: Marketing Campaign, Media Rebates, and Media Placement. The company has completed over 3,000 campaigns across sectors such as finance, retail, and technology. It secures media rebates ranging from 5% to 30% of qualifying advertising expenditures through proprietary platforms like WeShare.hk and Sodainsight that deliver influencer marketing, social listening, and interactive digital solutions. It also collaborates in a joint venture to enhance large-scale event production services for brand owners, PR agencies, and third-party marketing firms.
The Hong Kong-based company was founded in 2011 and booked $2 million in revenue for the 12 months ended March 31, 2025. MediaOn filed confidentially on May 12, 2025. It plans to list on the Nasdaq under the symbol MEON. Joseph Stone Capital is the sole bookrunner on the deal.
