Golf Lifestyle Group (GLGHK), which provides golf services in Asia, filed on Tuesday with the SEC to raise up to $30 million in an initial public offering.
The company plans to raise $30 million by offering 5 million shares at a price range of $5 to $7. At the midpoint of the proposed range, GLGHK would command a market value of $83 million.
GLGHK operates an ecosystem of golf services, lifestyle membership programs, curated events, travel offerings, and digital platforms. The company primarily generates revenue through group services, which encompasses professional golf training, business networking, and team-building delivered to corporate clients and private groups. It also generates revenue through golf event management and promotion and golf card services.
The Hong Kong-based company was founded in 2012 and booked $2 million in revenue for the 12 months ended June 30, 2026. It plans to list on the Nasdaq under the symbol GLG. GLGHK filed confidentially on March 23, 2026. Pacific Century Securities is the sole bookrunner on the deal.
