Kepler Group, a Hong Kong-based insurance broker focused on life insurance, withdrew its plans for an initial public offering on Tuesday. It had filed to raise $7 million by offering 1.4 million shares at a price range of $4 to $6.
The Hong Kong, China-based company was founded in 2016 and booked $20 million in revenue for the 12 months ended March 31, 2025. It had planned to list on the Nasdaq under the symbol KPL. Cathay Securities was set to be the sole bookrunner on the deal.
