Starrygazey, a Hong Kong-based provider of IPO and ESG advisory services, filed on Friday with the SEC to raise up to $17 million in an initial public offering.
The Hong Kong, China-based company plans to raise $17 million by offering 3.8 million shares at a price range of $4 to $5. At the midpoint of the proposed range, Starrygazey would command a market cap of $106 million.
Through its wholly-owned subsidiaries, ARMCL and ICEDL, the company provides pre-IPO advisory services, IPO advisory services, post-IPO advisory services, and ESG advisory services. Starrygazey primarily serves small and medium-sized businesses. During the two years ended June 30, 2025, its primary subsidiary, ARMCL, had 3, 2, and 4 client engagements for pre-IPO advisory services, IPO advisory services, and post-IPO advisory services, respectively.
The Hong Kong, China-based company was founded in 2018 and plans to list on the Nasdaq under the symbol MARH. Starrygazey filed confidentially on September 19, 2025. Pacific Century Securities is the sole bookrunner on the deal.
