Law's Business Group Holding, a Hong Kong-based provider of financing, accounting, and corporate services, raised the proposed deal size for its upcoming IPO on Tuesday.
The Hong Kong-based company now plans to raise $31 million by offering 6.3 million shares at a price range of $4 to $6. The company had previously filed to offer 5 million shares at the same range. They had originally filed to offer 1.5 million shares. At the midpoint of the revised deal size, Law's Business Group Holding will raise 25% more in proceeds than previously anticipated and command a market cap of $69 million (+10% versus previous terms).
The company provides both credit (67% FY25 revenue) and corporate (33%) consultancy services, handling 296 client engagements for the year ended March 31, 2025. Its credit services include eligibility assessments, application support, and advisory services for both housing and SME financing, and its corporate services include accounting services, offering financial reporting and tax computation.
Law's Business Group Holding was founded in 2021 and booked $3 million in revenue for the 12 months ended September 30, 2025. It plans to list on the Nasdaq under the symbol LSBA. Cathay Securities is the sole bookrunner on the deal.
