AM PM Group, a Hong Kong-based marketing firm providing event, content, and IP services, doubled the proposed shares offered for its upcoming US IPO on Thursday.
The company now plans to raise $34 million by offering 7.5 million shares at a price range of $4 to $5. The company had previously filed to offer 3.8 million shares. At the midpoint of the range, AM PM Group will raise 100% more in proceeds than previously anticipated and command a market value of $124 million (-4% vs. previous terms).
AM PM Group is a service agency with a diverse business portfolio along the marketing and content production value chain. Its business operation spans across three key business, namely event management and decoration, content production and design, and IP exhibition.
AM PM Group was founded in 2009 and booked $12 million in revenue for the 12 months ended December 31, 2025. It plans to list on the NYSE American but has not yet selected a symbol (RC ticker: AMPM.RC). American Trust Investment Services and Prime Number Capital are the joint bookrunners on the deal.
