Pacipic Nexus IntelliTech Group, a Hong Kong-based supplier of industrial equipment for high-precision manufacturing, filed on Friday with the SEC to raise up to $23 million in an initial public offering.
The company plans to raise $23 million by offering 5 million shares at a price range of $4 to $5.
Pacipic Nexus IntelliTech Group provides technology-driven manufacturing solutions to industrial clients, particularly in the automotive and electronics sectors. Its business centers on supplying high-precision CNC machinery sourced from third-party manufacturers and integrating that equipment into customers’ production lines. In addition to equipment trading, it offers services such as system design, software integration, and implementation of manufacturing execution systems to support more automated and efficient production processes.
The Hong Kong, China-based company was founded in 2015 and booked $16 million in revenue for the 12 months ended August 31, 2025. It plans to list on the Nasdaq under the symbol PNIG. Cathay Securities is the sole bookrunner on the deal.
