CSC Collective Holdings, which operates two high-end Japanese-style restaurants in Hong Kong, raised the proposed deal size for its upcoming IPO on Wednesday.
The Hong Kong, China-based company now plans to raise $20 million by offering 4.5 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, CSC Collective Holdings will raise 200% more in proceeds than previously anticipated.
With the revised offering terms, CSC Collective Holdings will qualify for a US IPO under the Nasdaq's new listing requirements, which include a minimum float of $15 million worth of shares.
CSC Collective Holdings' portfolio consists of Teppanyaki Mihara Goten, a composite Japanese restaurant, and Sukiyaki Nakagawa, a restaurant that specializes in traditional Japanese sukiyaki. These restaurants are located in Causeway Bay and Wan Chai, respectively, popular dining districts in Hong Kong.
CSC Collective Holdings was founded in 2022 and booked $7 million in revenue for the 12 months ended October 31, 2025. It plans to list on the Nasdaq under the symbol CSC. Z2 Capital and Revere Securities are the joint bookrunners on the deal.
