Gold Stone Technical, a Hong Kong-based software services provider for the finance and marketing industries, filed on Friday with the SEC to raise up to $28 million in an initial public offering.
The company plans to raise $28 million by offering 6.3 million shares at a price range of $4 to $5. At the midpoint of the proposed range, Gold Stone Technical would command a market cap of $253 million.
Gold Stone Technical is a Hong Kong-based software services company that implements and optimizes algorithmic solutions for clients in the financial investment and digital marketing sectors. Through its operating subsidiary, Merry International Technical Services, the company delivers customized software that processes large-scale datasets to support quantitative analysis, trade execution evaluation, and risk monitoring for financial market participants, as well as audience profiling, campaign optimization, and marketing performance measurement for digital marketers. Its services encompass data ingestion, cleansing, and integration; predictive modeling; decision engine configuration; and A/B testing and KPI-based reporting.
The Hong Kong-based company was founded in 2018 and booked $6 million in revenue for the 12 months ended September 30, 2025. It plans to list on the Nasdaq or NYSE, although it has not yet selected a symbol (RC ticker: GLDS.RC). Prime Number Capital is the sole bookrunner on the deal.
