CALM Chain International, a Hong Kong-based human resources services provider, raised the proposed deal size for its upcoming IPO on Wednesday.
The Hong Kong-based company now plans to raise $30 million by offering 5 million shares (100% primary) at a price range of $5 to $7. The company had previously filed to offer 3 million shares (33% secondary) at the same range. At the midpoint of the revised deal size, CALM Chain International will raise 67% more in proceeds than previously anticipated and command a market cap of $138 million (+15% versus previous terms).
CALM Chain International operates through its subsidiary, TalentQuest, a human resources services firm providing Employer of Record (EoR) and HR outsourcing, executive search, and HR research services. TalentQuest acts as the employer of record for client workforces, conducts contingency-based executive searches, and delivers workforce and regulatory research for clients expanding into new jurisdictions, including employment laws, compensation requirements, visas, and related considerations.
CALM Chain International was founded in 2012 and booked $7 million in revenue for the 12 months ended November 30, 2025. It plans to list on the Nasdaq under the symbol CCIL. Pacific Century Securities is the sole bookrunner on the deal.
