AM PM Group, a Hong Kong-based marketing firm providing event, content, and IP services, raised the proposed deal size for its upcoming IPO on Tuesday.
The Hong Kong, China-based company now plans to raise $17 million by offering 3.8 million shares at a price range of $4 to $5. The company had previously filed to offer 1.5 million shares at the same range. At the midpoint of the revised deal size, AM PM Group will raise 150% more in proceeds than previously anticipated and command a market cap of $129 million.
AM PM Group is a service agency with a diverse business portfolio along the marketing and content production value chain. Its business operation spans across three key business, namely event management and decoration (23% of 2024 revenue), content production and design (48% of revenue), and IP exhibition (48% of revenue).
AM PM Group was founded in 2009 and booked $10 million in sales for the 12 months ended June 30, 2025. It plans to list on the NYSE American, but has not yet selected a symbol (RC ticker: AMPM.RC). Prime Number Capital is the sole bookrunner on the deal.
